Adani Enterprises Ltd
| March 14, 2024, 3:43 a.m.
India Set to Transition from Copper Importer to Exporter with Kutch Copper Ltd
India's copper production landscape is poised for a significant shift, with the upcoming operationalization of Kutch Copper Ltd (KCL), a unit of Adani Enterprises Ltd, in Gujarat. With a capacity of 5 lakh tonnes in the first phase and plans for expansion, KCL could double India's copper production, potentially enabling the country to become a net exporter of copper from the next fiscal year. The project, backed by a consortium of banks led by the State Bank of India, aims to leverage strategic advantages and sustainable practices to establish itself as a key player in the global copper market.
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