NALCO adds ESR to CSR in the New Year

“Nalconians are known for being ordinary citizens, with extraordinary attitude. Today, our employees have shown they are willing to go the extra mile for doing good. What began as an initiative to empower the girl child through a CSR programme called ‘NALCO KI LADLI’ is turning out to be a powerful trigger for women empowerment. The Employee Social Responsibility program will not only increase the number of beneficiaries that belong to BPL families from tribal-dominated areas, under our flagship CSR program ‘NALCO Ki Ladli’, but also help the employees to participate in the CSR program of the Company and enrich this scheme. I believe this initiative has the potential to grow into a powerful model that can be scaled up and replicated by many other progressive Companies. This program will enable the girls from underprivileged section to carry out their studies and also the employee will be their Mentor.”

INCAL-2019 to push Indian Aluminium Industries for Global Competitiveness

“This event will provide a mega platform to exchange ideas on latest technological advances, Aluminium Roadmap 2030, upstream & downstream integration, discover new opportunities, extensive networking, B2B meetings and many more pertaining to Aluminium industry vis-à-vis the challenges and opportunities. The conference is also being planned to focus on ‘Think Aluminium: Think Odisha’, to promote Odisha as a destination for aluminium industries and aluminium capital of the Country.”

NALCO unveils new business plan ‘NALCO 3-4-5’

Dr. Tapan Kumar Chand, CMD, NALCO, unveiled a new business plan acronymed “NALCO:3-4-5”, that envisages increasing NALCO’s 3-digit profit figure to 4-digits and 4-digit turnover to 5-digits. NALCO has already achieved 4-digit figure at Rs.1342 crore in 2017-18 and is likely to achieve more than Rs.1600 crore in 2018-19. The objective is to further increase and sustain the profit at 4-digit level. Similarly, turnover of NALCO for the first time in 2018-19 will be in 5-digits. It is expected that the net turnover of NALCO during this current year will be more than Rs.12,000 crore.

Under this plan, NALCO will turn into a hardcore business organisation with complete focus on business excellence. Dr Chand said, “With the emergence of the 4 th Industrial Revolution, Artificial Intelligence, Internet of Things, Robotics, Augmented Reality etc. would be the trend setters and NALCO is all set to lead this revolution. The new technology: Industry 4.0, will bring in substantial reduction in capital investments and Indian Industries needs to leverage it to remain globally competitive. NALCO is gearing up in full steam to meet this challenge”.

Focus should shift towards downstream industries

In the coming 5 years, aluminium consumption in India will be doubled from existing level of 3.6 million ton to 7.2 million ton. Unless we focus on aluminium downstream unit, India will be importing around 5 billion dollar worth downstream aluminium product,” said Dr. Tapan Kumar Chand, CMD, NALCO. He expressed this while addressing the National Aluminium Network Meet 2018, held at New Delhi, under the aegis of Ministry of Mines and Jawaharlal Nehru Research & Development Centre (JNRCD). “Moreover, Indian Aluminium Industry is at the high end of cost curve for production and the industry need to sustain and increase its margin by producing value added and high end downstream products,” added Dr. Chand.

Further, Dr. Chand underscored the need for promotion of downstream industry by mother aluminium plants through MSMEs to create employment opportunity which will help developing Indian Aluminium market. In this context he advised the captains of Aluminium industry to identify technology needed for developing aluminium alloys for downstream units. This technology can be developed by JNRDC and transferred from abroad through collaboration. JNRDC can act as a catalyst and facilitator. Dr. K. Rajeshwar Rao, Additional Secretary, Ministry of Mines, Govt. of India, while inaugurating the Meet appreciated NALCO for its effort in promoting downstream units and called upon all aluminium producers to create awareness about the utility of aluminium in the contemporary time.