Adani Enterprises joins forces with MetTube for its copper tubes business

Adani Enterprises Limited said on Thursday that it has entered into agreements with MetTube Mauritius Private Limited, aiming to accelerate the development of India’s domestic copper tube manufacturing industry. The two companies will collaborate to deliver next-generation copper solutions for the heating, ventilation, and air conditioning (HVAC) sector, as well as other related applications.

As part of the deal, Adani Enterprises will divest a 50% stake in its wholly owned subsidiary, Kutch Copper Tubes Limited (KCTL), to MetTube. Simultaneously, AEL will acquire a 50% stake in MetTube Copper India Pvt. Ltd., a wholly owned subsidiary of MetTube that operates a manufacturing plant near Ahmedabad, Gujarat. This dual-investment structure ensures equal ownership and shared governance.

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

MetTube, a subsidiary of the diversified Metdist Group, brings decades of global experience in producing high-performance copper tubes. The collaboration will leverage MetTube’s worldwide manufacturing and marketing capabilities, along with Adani’s expanding copper manufacturing infrastructure in Mundra, Gujarat, including its 0.5 million tonnes per annum copper refinery project.

Apurv Bagri, chairman of Metdist Group, said, “India’s copper tube demand is skyrocketing, and this alliance strengthens our commitment to the ‘Make in India’ vision. Together with Adani, we aim to deliver high-quality, locally manufactured inner-grooved copper tubes that meet international standards.”

The partnership is expected to reduce India’s reliance on copper tube imports and contribute to national priorities, including energy efficiency, green infrastructure, and smart construction. The output will primarily cater to HVAC, refrigeration, plumbing, and renewable energy sectors, which are witnessing rising demand driven by rapid urbanisation and climate-responsive construction.

This move aligns with Adani Enterprises’ broader strategy of building scalable and self-reliant businesses across critical sectors, including green hydrogen, petrochemicals, airports, and primary infrastructure.