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Trade think tank GTRI has urged the government to rationalise duties in the aluminium

ICICIdirect Research 19 Jun 2026 DISCLAIMER

News: As per media sources, trade think tank GTRI has urged the government to rationalise duties in the aluminium value chain by removing import duties on unwrought aluminium, correcting the inverted duty structure, and imposing a 20% export duty on primary aluminium

View: The recommendations have mixed implications for aluminium producers such as Hindalco and Vedanta Aluminium. While lower import duties on unwrought aluminium could exert some pressure on domestic aluminium prices, the impact is likely to be limited given both companies' diversified product portfolios and strong domestic presence. Moreover, any changes to the duty structure would require detailed policy deliberations and are unlikely to be implemented immediately. The robust demand outlook particularly from sunrise sectors such as Electric Vehicle and Renewable Energy for aluminium in India will continue support company fundamentals over the medium term

Impact: Neutral

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