Adani Enterprises and MetTube Join Forces for Copper Tubes Venture
ECONOMY & POLICY

Adani Enterprises and MetTube Join Forces for Copper Tubes Venture

Adani Enterprises (AEL) has signed a Share Purchase and Shareholders Agreement with MetTube Mauritius, marking a strategic collaboration to strengthen India’s domestic copper tube manufacturing capacity. This partnership is set to reduce import dependence and support the country’s growing HVAC and renewable infrastructure needs.

Under the agreement, Adani will divest a 50 per cent stake in its wholly owned subsidiary, Kutch Copper Tubes (KCTL), to MetTube. In parallel, Adani will invest in MetTube Copper India, which operates a copper tube manufacturing plant near Ahmedabad, Gujarat.

MetTube, part of the global Metdist Group, brings extensive expertise in producing high-performance copper tubes. The partnership complements Adani’s advanced copper infrastructure in Mundra, Gujarat, which includes a greenfield copper tube facility under KCTL.

Jeet Adani, Whole Time Director, Adani Group, said:
“This partnership with MetTube is a strategic leap towards making India self-reliant in copper tube manufacturing. By combining Adani’s infrastructure and operational excellence with MetTube’s global expertise, we are not just building capacity—we are building capability.”

Apurv Bagri, Chairman, Metdist Group, added:
“Together with Adani, we aim to deliver high-quality, locally manufactured copper tubes that meet global standards. This alliance supports the 'Make in India' vision and our shared ambition for sustainable innovation.”

The partnership leverages Adani’s forward-integrated copper ecosystem—anchored by a 0.5 MTPA copper refinery—and MetTube’s international manufacturing capabilities. The copper tubes will serve critical applications in HVAC, refrigeration, plumbing, and green construction sectors, addressing surging demand driven by rapid urbanisation and climate-focused infrastructure development.

Adani Enterprises (AEL) has signed a Share Purchase and Shareholders Agreement with MetTube Mauritius, marking a strategic collaboration to strengthen India’s domestic copper tube manufacturing capacity. This partnership is set to reduce import dependence and support the country’s growing HVAC and renewable infrastructure needs.Under the agreement, Adani will divest a 50 per cent stake in its wholly owned subsidiary, Kutch Copper Tubes (KCTL), to MetTube. In parallel, Adani will invest in MetTube Copper India, which operates a copper tube manufacturing plant near Ahmedabad, Gujarat.MetTube, part of the global Metdist Group, brings extensive expertise in producing high-performance copper tubes. The partnership complements Adani’s advanced copper infrastructure in Mundra, Gujarat, which includes a greenfield copper tube facility under KCTL.Jeet Adani, Whole Time Director, Adani Group, said:“This partnership with MetTube is a strategic leap towards making India self-reliant in copper tube manufacturing. By combining Adani’s infrastructure and operational excellence with MetTube’s global expertise, we are not just building capacity—we are building capability.”Apurv Bagri, Chairman, Metdist Group, added:“Together with Adani, we aim to deliver high-quality, locally manufactured copper tubes that meet global standards. This alliance supports the 'Make in India' vision and our shared ambition for sustainable innovation.”The partnership leverages Adani’s forward-integrated copper ecosystem—anchored by a 0.5 MTPA copper refinery—and MetTube’s international manufacturing capabilities. The copper tubes will serve critical applications in HVAC, refrigeration, plumbing, and green construction sectors, addressing surging demand driven by rapid urbanisation and climate-focused infrastructure development.

Next Story
Infrastructure Transport

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Next Story
Equipment

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

Next Story
Resources

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->