Archive · 25 Jul 2025
Adani Enterprises and MetTube Collaborate on Copper Tubes Venture
Adani Enterprises, a company led by Gautam Adani, is teaming up with MetTube to make copper tubes.
Adani is selling half of its copper tube business to MetTube.
They will also jointly own another copper tube plant in India.
This partnership hopes to cut down on India's need to import copper tubes.
By joining forces, they plan to use Adani's infrastructure and MetTube's copper-making knowledge to create solutions for the heating and air conditioning industries.
Adani Enterprises entered a joint venture with MetTube to form a copper tubes business.
Adani Enterprises will sell its 50% stake in Kutch Copper Tubes Limited to MetTube.
Adani Enterprises will buy a 50% stake in MetTube Copper India Private Limited.
The partnership aims to reduce India's reliance on imported copper tubes.
The collaboration leverages Adani's infrastructure and MetTube's expertise in copper manufacturing.
- Who
- Adani Enterprises and MetTube.
- What
- Adani Enterprises and MetTube are forming a joint venture in the copper tubes segment.
- When
- Thursday.
- Where
- Near Ahmedabad, Gujarat and Mundra, Gujarat, India.
- Why
- To reduce India’s reliance on imported copper tubes.
- Company
- Adani Enterprises
- Partners
- MetTube
- Objective
- Reduce reliance on imported copper tubes
- Adani Stake in KCTL
- 50% sold to MetTube
- Adani Stake in MCIPL
- 50% acquired
- MetTube Group
- Metdist Group