MAKE IN INDIA , EASE OF DOING BUSINESS will not applicable against Chinese products.

Web Admin

Nov 21 2024

Titanium is produced from Ilmenite, one of the beach mineral.  Our India has 7000 kms beach. Atomic Minerals Directorate (AMD) studied 2000 kms beach alone up to 2023.  Out of 2000 kms, only 1000 kms alone detailed study carried out by AMD. This 1000 kms study establishes that, our India has 1/3rd of the total world reserve of Ilmenite (Kindly ref: https://beachmineral.com/india-has-1-3rd-of-the-total-world-reserve-dae-joint-secretary-minutes/)

Ilmenite is the raw material for production of Titanium.   Some of the Indian Ilmenite producers who are having valid mining lease established their own Titanium factory. So the Chinese government and Chinese producers could able to make false propaganda against Indian Ilmenite producers and got orders from Govt., of India to stop the Ilmenite production by private parties. So the Indian Titanium producers could not able to procure the raw material within India. They have to import Ilmenite at a higher price from other countries whereas, IREL exported the Indian Ilmenite at a lessor price to China, when not ready to supply the required quantity to the Indian Value Added Titanium producers. Thus our Government Company also helping to kill Indian Titanium Producers.

Titanium Production comparison details in percentagewise between 2004 and 2024 is given below.

 

Country 2004 2024
North America 33% 16%
Western Europe 28% 10%
Middle East & Africa 3% 2%
Central & South America 4% 4%
Central Europe 5% 3%
Japan 5% 2%
Other Asia Pacific 10% 3%
India 1% 1%
China 12% 58%

Source : TZMI

We can find out that, China has dominated in the Titanium Product. Though India has 1/3rd of the world reserve of Ilmenite, India could not able to increase the production of Titanium due to the unwanted controls and uncontrollable imports from China.

Only few companies in India is producing Titanium. The Indian Titanium producers appealed to Central Government to exercise its powers under Monopoly Restriction Trade Practice Act and impose duties for Chinese Titanium. Though Kerala Government owned Travancore Titanium requested the Central Government to impose anti-dumbing duty against Chinese Titanium import, the Central Government has not take any action to impose the duty. The Net Result our Indian owned raw material Ilmenite is exported to China by IREL at a lessor price and the finished product Titanium is imported in very higher price. The MAKE IN INDIA , EASE OF DOING BUSINESS nothing work out against Chinese.

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