Copper Price Surge Forces Indian Electronics Makers to Switch to Aluminium

Copper prices have surged by 45% over the past year, causing electronics manufacturers in India to switch to aluminium as a cost-effective alternative.

The surge in copper prices has been driven by increased demand from AI infrastructure, which is competing with traditional manufacturing for the same raw material and tightening supply chains.

Aluminium prices have risen by 28% year-on-year, but are relatively more stable, making it a more attractive option for manufacturers trying to manage costs.

Electronics producers are adapting by changing their material choices, with aluminium now being used in products like refrigerators and air conditioners.