Archive · 24 Jul 2025
Adani Enterprises Partners With MetTube for Copper Tube Production
Adani Enterprises, an Indian company, is teaming up with MetTube to make copper tubes.
Adani is giving half of its copper tube business to MetTube and buying half of MetTube's Indian unit.
They will make copper tubes used in things like air conditioning and solar power.
This helps India make its own copper tubes instead of buying them from other countries.
The goal is to make products locally and boost the economy, with the idea of improving energy efficiency.
Adani Enterprises will partner with MetTube to manufacture copper tubes.
Adani will divest a 50% stake in its Kutch Copper Tubes Ltd. to MetTube.
Adani will invest 50% in MetTube Copper India Pvt. Ltd., near Ahmedabad.
The partnership aims to reduce India's dependence on imported copper tubes.
The copper tubes will be used in HVAC, renewable energy, and smart construction.
- Who
- Adani Enterprises and MetTube, part of the Metdist Group.
- What
- Adani Enterprises and MetTube are forming a joint venture to manufacture copper tubes.
- When
- Announced on Thursday.
- Where
- The manufacturing will take place near Ahmedabad, Gujarat, India.
- Why
- To reduce India's dependence on imported copper tubes and build a domestic ecosystem.
MetTube & Adani's Perspective
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Economic Impact
MetTube & Adani's Perspective
Aims to reduce India’s dependence on copper tube imports, leveraging expertise for sustainable growth.
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- Partners
- Adani Enterprises & MetTube
- Deal Type
- Joint Venture
- Adani's Stake in KCTL
- 50% divestiture
- Adani's Stake in MetTube India
- 50% investment
- Location of MetTube plant
- Near Ahmedabad, Gujarat, India
- Industry
- Copper tube manufacturing
- Purpose
- Reduce import dependency, support local manufacturing