India Urged to Scrap Aluminium Scrap Import Duty

The Material Recycling Association of India has urged the Prime Minister's Office to remove the 2.5% import duty on aluminium scrap. This move is expected to reduce costs for recyclers and manufacturers who rely heavily on imports. By abolishing the levy, the association believes it will give a significant boost to Micro, Small, and Medium Enterprises (MSMEs) and enhance manufacturing competitiveness across the country.

The association's plea is backed by the significant expansion of India's secondary aluminium production in recent years. Industry experts believe that removing the duty will not only support environmental goals but also promote advanced material recovery.

According to the association, the removal of the import duty will have a positive impact on the industry. It will make aluminium scrap more affordable for recyclers and manufacturers, leading to increased production and competitiveness. The move is also expected to support the government's environmental goals by promoting recycling and reducing waste.

The Material Recycling Association of India is hopeful that the Prime Minister's Office will consider their request and remove the import duty on aluminium scrap. This move is expected to have a positive impact on the industry and the environment, and will support the growth of MSMEs and green manufacturing in India.

The association's request is timely, given the growing importance of recycling and sustainability in India. The removal of the import duty on aluminium scrap is seen as a key step in promoting green manufacturing and reducing the country's reliance on primary aluminium production.