The import of aluminium has increased substantially from 39.8 per cent in 2011-12 to 56.5 per cent in 2015-16. India, the world's second largest aluminium producer, produced 3.96 million tonnes (MT) in 2014-15, which was lower than China's 21.48 MT. It is the third largest aluminium consuming country with a consumption of 3.8 MT in 2014-15, lower only to that of China's 22.09 MT and the US 5.5 MT. India's share in world aluminium consumption has increased from 3 per cent in 2008-09 to 7 per cent in 2014-15.
Indian aluminium demand rose by 38% in the five years to 2014. India is currently the world's fifth-largest consumer of aluminium, behind China, the USA, Japan and Germany, and it is expected that the strong demand fundamentals have potential to elevate the country to the No. 3 position in 2016.