FICCI urges Centre to ban bauxite exports
The exports have increased substantially in the last 2-3 years
Trade body Federation of Indian Chambers of Commerce and Industry (Ficci) has urged the Union ministry of commerce and industry to ban bauxite exports fearing closure of alumina refineries for shortage of the key raw material required to produce alumina. “India has a large and developed aluminum industry. But the industry is today at cross roads primarily owing to severe shortage of raw materials, forcing plant closure and jeopardizing employment,” Arnab Kumar Hazra, Director, Ficci wrote to SR Rao, Union Commerce Secretary.