24 August 2026
March 2026, Manaksia Aluminium announced the launch of a new production line that will manufacture aluminium sheets for the High Security Registration Plate (HSRP) market. With this development, the company has entered a new business area that focuses on supplying aluminum sheets specially made for vehicle registration plates, as per the published report. This move is expected to help the company increase its presence in the value-added aluminum products segment.
Furthermore, the company stated that the newly developed aluminum sheets have been prepared to meet the quality and technical requirements needed for high security registration plates. Also, these registration plates are used for vehicles and require aluminum sheets that follow specific standards. Through this new production line, Manaksia Aluminium plans to provide products that match the needs of HSRP manufacturers.
According to Towards Chem and Materials, the global aluminum plate market size was valued at USD 70.10 billion in 2025, is estimated to reach USD 75.08 billion in 2026, and is projected to reach USD 139.32 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.11% over the forecast period from 2026 to 2035, due to greater demand from the wide industrial applications as per the recent report.
Moreover, the company shared that this investment supports its plan to increase its presence in the specialized aluminum sheet segment. By adding a dedicated production line for HSRP applications, Manaksia Aluminium is broadening its product portfolio and focusing on products with specific industrial applications.
Also, according to the company, this new initiative reflects its efforts to grow in new market segments while supplying aluminum sheets that meet industry requirements. The company believes that expanding into the HSRP market will support its long-term business growth and help it build a stronger position in both Indian and export markets. With this production line now operational, Manaksia Aluminium is preparing to meet the expected demand for HSRP aluminum sheets through planned production and wider market coverage.
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24 August 2026
24 August 2026
21 August 2026
21 August 2026