Aluminum production in India stood at 4.35 million metric tons in 2023. Over the past decade, aluminum production has shown a robust upward trend with an average CAGR of around 3.97%. The year-on-year growth rates have varied, showing both significant increases and minor declines, indicating some volatility in production volumes. Notably, from 2013 to 2023, the highest growth was observed in 2015 with a year-on-year increase of 21.45%, while production slightly dipped by 0.95% in 2019. The last CAGR over the past five years (up to 2023) stands at 3.42%, reflecting a steady growth trajectory.

Future trends to watch for include:

The expected moderate increase in aluminum production, with a forecasted CAGR of 2.58% over the next five years up to 2028.
The influence of domestic consumption and export demand on production levels.
Technological advancements and investments in production capacities.
Potential impacts of governmental policies and environmental regulations on the aluminum industry.