Aluminum industry is one of the highly concentrated industry in India and the top five companies in this sector offers a great share towards the production of the country. With the increasing demand for aluminum in India, the top players in this sector are also growing at a faster pace. The fact is that production of Aluminum in India has presently outpaced the demand for aluminum in the country.

India holds the fifth place in the aluminum production in India and the country has a competence of producing 2.7 million tones, which is nearly 5% of the total aluminum production all over the world. The names of top players in the aluminum industry in India are given below:

Top players in Aluminum Industry in India:

• HINDALCO

• Sterlite Industries

• NALCO

• BALCO

• MALCO

• INDAL

• Kennametal India

• Hindustan Zinc

• Sujana Metal Products

Some of the details regarding these top players in the aluminum industry in India are given below:

HINDALCO:

HINDALCO has a market share of 39% in the aluminum industry in India and this company is a flagship of Aditya Birla Group. They have their aluminum plant in the state of Uttar Pradesh and they are dealing with different types of aluminum products like foils, wheels, rolled products, extrusions and primary aluminum.

Sterlite Industries:

This company’s aluminum production comprises of MALCO and BALCO, who are two giants in the aluminum industry in India. MALCO is a wholly integrated producer of aluminum, while BALCO is partially integrated. Sterlite industries have a market share of 32% in the Indian aluminum industry.

NALCO:

The Indian Government has a stake of 87.15% in this company and they have their aluminum plant at Damanjodi, which is located in the state of Orissa. The present production capacity of the company if 345000 tonnes of aluminum and to increase it to 460000 tonnes, the company is concentrating on a capex programme.

BALCO:

Bharat Aluminum Company Limited came into existence in the year 1965 as a public sector undertaking. Nearly 51% of the equity share of this company is held by Stertile industries. This is an ISO 9001:2000 company with ownership over smelters, refineries, captive power plants, captive bauxite mines and of course, aluminum mines.

MALCO:

MALCO stands for Madras Aluminum Company and this company is a subsidiary of Vedanta Resources. They have their power plant at Salem in Tamil Nadu and they are engaged in different activities like mining, refining and smelting in the aluminum industry.

INDAL:

INDAL stands for Indian Aluminum Company Limited and they are now merged with Hindalco Industries Limited, who is the top player in the aluminum industry in India. INDAL is operating from the state of Westbengal.

Kennametal India:

Kennametal India came into existence in the year 1964 and their former name was Widia India Limited. They are dealing with the manufacture of different products like products made out of hard metals, machines for special purposes, forming, jigs and fixtures, metal castings and mining tools in the aluminum industry in India.

Hindustan Zinc:

Hindustan Zine is shortly called as HZL and the company came into existence in the year 1966 as public sector undertaking. In the year 2002, government of India disinvested its stock holding with HZL and this company became a part of Sterlite industries.

Sujana Metal Products:

This company came into existence in the year 2000 and they are gaining popularity as the largest  manufacturer aluminum products in the whole of south India. They are dealing with four major divisions namely international trade, TMT bars, structural steels and tower manufacturing.

Thus, the aluminum sector is growing by every means in India and this sector is also contributing to the development of the country through offering employment opportunities to a number of deserving people.