New Delhi, May 29 -- Facing mounting pressure due to rising raw material prices, supply-chain disruptions and elevated energy costs amid the ongoing West Asia conflict, India's downstream aluminium industry, particularly MSMEs, has demanded rationalisation of import tariffs on primary aluminium.

Global aluminium markets remain under stress as the conflict has triggered volatility in London Metal Exchange (LME) prices and disrupted supply chains, resulting in significantly higher input costs for downstream user industries.

At present, India's per capita aluminium consumption stands at around 2.2 kg compared with the global average of 11 kg, indicating substantial growth potential for the domestic sector as industrial demand rises.

MSMEs...