Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd (AEL), the world's largest single-location copper manufacturing plant at Mundra in Gujarat, will start operations of the first phase by March-end and full-scale 1 million tonnes capacity by FY29 (March 2029), news agency PTI reported citing sources.
The $1.2-billion facility will help cut India's dependence on imports of the third most used industrial metal after steel and aluminium whose demand is rising on the back of fast-growing renewable energy, telecom and electric vehicle industries.