In a landmark move that underscores India’s push for self-reliance in key industrial sectors, Adani Enterprises Limited (AEL) has announced a strategic partnership with MetTube, a subsidiary of the Metdist Group, to jointly manufacture high-performance copper tubes for critical sectors like HVAC, renewable energy, and smart infrastructure.
As part of the agreement signed on July 24, 2025, Adani Enterprises will divest 50% of its stake in Kutch Copper Tubes Limited (KCTL) to MetTube. Simultaneously, AEL will acquire a 50% stake in MetTube Copper India Pvt. Ltd., MetTube’s wholly owned Indian subsidiary that runs a cutting-edge facility near Ahmedabad. This dual investment model establishes an equal ownership and governance structure between the two companies, fostering a truly collaborative ecosystem.
The partnership is aimed at significantly reducing India’s dependency on imported copper tubes, crucial components used in air conditioning, refrigeration, plumbing, and energy applications. As urbanisation, climate-responsive infrastructure, and green energy projects drive demand, this alliance is poised to deliver scale, speed, and sustainability.
Jeet Adani, Whole Time Director, Adani Group, emphasized the strategic nature of the partnership:
“By combining Adani’s operational excellence with MetTube’s deep copper expertise, we are not just building a business—we are building capability for India.”
Apurv Bagri, Chairman of Metdist Group, echoed the sentiment:
“With this alliance, we bring world-class copper tube technology to India, fully aligned with the ‘Make in India’ mission and growing demand for climate-friendly infrastructure.”
Adani’s copper ecosystem already includes a 0.5 MTPA copper refinery at Mundra and a greenfield copper tube facility under KCTL. MetTube adds to this its 50+ years of legacy in global copper manufacturing, technical prowess, and a strong customer base across HVAC and refrigeration sectors.
The newly formed partnership is expected to fuel innovation in copper tube design—especially inner grooved tubes that enhance energy efficiency in cooling systems, supporting India’s broader goals of energy conservation and industrial self-reliance.
By leveraging mutual strengths and focusing on sustainability and quality, the Adani-MetTube alliance signals a bold new chapter for India’s copper manufacturing industry, positioning the country as not just a consumer, but a global supplier of high-performance copper tubes.
