ENA MSME 2021-10-28 11:51:45 <p><strong>New Delhi, 28 Oct (KNN)</strong> The Aluminium Association of India in its desperate efforts to secure the coal supply has reached out to the Prime Ministers Office (PMO).</p> <p>In a written letter to the Prime Ministers Principal Secretary, they produced the risk faced by 5000 MSMEs as an alibi.</p> <p>They presented the data, stating that Aluminium is a power-intensive sector and the current supply being cut down to 10 per cent has affected the industry and is struggling to sustain operations.</p> <p>Collapse of the sector will lead to risk of livelihood for over one million local people, stated the Aluminium Association of India.</p> <p>The MSME sector has suggested that the government should rather remove all the restrictions pertaining to import on Aluminium, which will truly help the economy, livelihoods and small businesses.</p> <p>As India ranks third in the list of Aluminium producers, these reforms will influence a price drop of 10 to 12 per cent, along with government saving INR 2000 crore and improve our position simultaneously.</p> <p>National Aluminium Co. Ltd, Hindalco Industries Ltd, Bharat Aluminium Co. Ltd and Vedanta Aluminium Ltd (VAL) are primary producers of aluminium in India.</p> 27581 https://knnindia.co.in/news/newsdetails/msme/aluminum-majors-cite-msme-vulnerabilities-to-secure-coal-supply-for-their-operations 2021-10-28 11:51:45 knnindia.co.in