Key facts
- The Material Recycling Association of India (MRAI) is urging the Indian government to remove a customs duty on aluminium scrap.
- MRAI is calling for the elimination of the 2.5% basic customs duty on aluminium scrap imports.
- The association argues that the duty increases costs for domestic recyclers and manufacturers.
- MRAI believes the duty hinders India's ability to meet its growing demand for aluminium.
The Material Recycling Association of India (MRAI) has formally requested that the Indian government abolish the 2.5% basic customs duty imposed on aluminium scrap imports. MRAI's leadership asserts that this import duty significantly escalates the operational expenses for Indian recyclers and downstream manufacturers. The association's argument is that these increased costs directly hinder India's capacity to meet its rapidly expanding domestic demand for aluminium. By making imported scrap more expensive, the duty potentially disadvantages Indian manufacturers who rely on these materials for production. This situation could affect the competitiveness of India's aluminium industry and its role in the global supply chain, as the nation strives to increase its aluminium production and consumption.