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Export house status for Nalco
VISAKHAPATNAM: The public sector National Aluminium Company Ltd. (Nalco) has been accorded the five-star export house status in line with the Exim Policy of the Union Commerce Ministry, for its excellent performance on the export front. Nalco was made a star trading house in 1991 and upgraded to super Star Trading House in 2000 for the steady growth in its export of aluminium metal and calcined alumina. A global player in alumina with an 8 per cent market share, Nalco has launched its second phase expansion to raise its alumina production to 21 lakh tonnes and metal production to 4.60 lakh tonnes. This involves an investment of Rs. 4,090 crores, which will be internally generated by the aluminium major.
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