Archive · 24 Jul 2025
Adani Enterprises Partners with MetTube for Copper Tube Production
Adani Enterprises is teaming up with MetTube to make copper tubes in India.
Adani will share ownership of its copper tube factory with MetTube.
This partnership is meant to stop India from having to buy copper tubes from other countries and to help India build up its own manufacturing capabilities.
The tubes will be used for important things like air conditioning and renewable energy systems.
By working together, they hope to produce high-quality copper tubes right here in India.
Adani Enterprises will partner with MetTube for a copper tube business.
Adani Enterprises is divesting 50% of its Kutch Copper Tubes Ltd. subsidiary to MetTube.
Adani Enterprises will acquire a 50% stake in MetTube Copper India Pvt. Ltd.
The joint venture aims to reduce India's dependence on imported copper tubes.
The partnership combines Adani's infrastructure with MetTube's manufacturing expertise.
- Who
- Adani Enterprises and MetTube.
- What
- Adani Enterprises is partnering with MetTube to produce copper tubes.
- When
- Announced on Thursday.
- Where
- India, specifically in Mundra, Gujarat.
- Why
- To reduce India's dependence on imported copper tubes and build a domestic ecosystem.
- Partnership
- Adani Enterprises and MetTube
- Ownership
- 50/50 joint venture
- Subsidiary Divestment
- Adani Enterprises divests 50% of Kutch Copper Tubes Ltd.
- Stake Acquisition
- Adani Enterprises acquires 50% stake in MetTube Copper India Pvt. Ltd.
- Location
- Mundra, Gujarat
- Purpose
- To reduce reliance on copper tube imports and foster domestic manufacturing