The Smart Cities project by the government, is expected to push the demand for aluminium bar rods considerably in the coming years. As India prepares to achieve its 100 Smart Cities dream, the selected cities will witness a complete refurbishment of transport, housing, infrastructure and energy. With construction being an integral part of the project, a huge demand for aluminium bar rods and profiles are likely to see application.
As a result, aluminium extrusions manufacturers can see demand for aluminium profiles and bars considerably in the coming years. Further, it is also foreseen that the domestic manufacturers may not be able to meet the demand.
As per the reports in the media, aluminium profiles and bar rods imports in the country is expected to reach 41487.41 tonnes in 2017. Import of these products have increased at an approximate rate of 5 per cent since 2013.
Updated On 28-Mar-2017
Other Tools :
[ Today's Prices ]
[ Upcoming Tradeshows ] [ Market Research ] [ Demand and Supply ] [ About Metals ]