SMEs fear huge losses due to aluminium industry’s coal crisis

The Indian Industrial Value Chain Council (IIVCC), an organisation representing the interests of enterprises involved in the industrial production and consumption supply chain activities across the country, on Monday flagged that more than 5,000 SMEs who are part of the aluminium value chain are at the risk of suffering huge losses if the present coal crisis confronting the primary aluminium industry is not urgently addressed.

There are about 1,000 SMEs who are part of the supply chain and ancillaries of large aluminium producers and related input manufacturing industries, and about 4,000 SMEs who are involved in downstream aluminium manufacturing and distribution activities.