Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Precious Metal»Why Adani’s Kutch Copper Smelter Could Change India’s Metals Game  – Outlook Business
    Precious Metal

    Why Adani’s Kutch Copper Smelter Could Change India’s Metals Game  – Outlook Business

    August 21, 20251 Min Read


    Supporting India’s GDP, Energy Transition and Employment 

    Given India’s push for the EV sector and renewable energy goals, understanding the growing importance of copper is more crucial than ever. According to the Ministry of Mines, India’s per capita consumption currently stands at 0.6 kg. This constitutes a minor share when compared with the global average of 3.2 kg. However, the country’s copper demand is expected to double by 2030 amid the ongoing energy transition, reported Reuters. 
     
    Another benefit of producing copper domestically is that the country will not only save on imports but also reduce direct expenses by extracting numerous by-products such as gold, silver, selenium, tellurium, platinum group metals, nickel and sulphuric acid (pyro-smelting). These are used widely in fertilisers, pharmaceuticals and chemicals, according to the 2025 Vision Document on Copper Sector published by the Ministry of Mines. Retaining this economic value domestically supports wider GDP growth. 
     
    The Kutch Copper smelter will generate 2,000 direct and 5,000 indirect employment opportunities, boosting Gujarat’s economy. In addition to the facility, Adani’s forward integration strategy to add copper tubes to its portfolio further strengthens supply chain jobs in heating, ventilation and air conditioning and refrigeration sectors. 



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    ‘I had a double lung transplant then won silver’

    Precious Metal

    Two metals, one fund: Diversifying with gold and silver

    Precious Metal

    Gold price gains 1% as Powell gives dovish signal

    Precious Metal

    Kodiak hits high-grade copper-gold at MPD project in British Columbia

    Precious Metal

    Scrap-Copper Traders Redirect Metal to Sidestep China Levies

    Precious Metal

    Silver (XAG) Forecast: Breakout or Breakdown? Price Coils Near $37.87 Trigger

    Precious Metal
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    Cryptocurrency Immutable Down More Than 3% Within 24 hours

    Stock Market

    nvidia stock s&p 500 dow jones nasdaq: US stock market Friday: S&P 500, Dow Jones, Nasdaq near record highs, Nvidia share price rises 750 per cent

    Commodities

    Kai Trump teases the president in video promoting Accelerator energy drink: ‘Sorry grandpa’

    Editors Picks

    Les actionnaires de MAG Silver approuvent l’acquisition par Pan American

    July 11, 2025

    Peach Property en perte l’année dernière -Le 24 mars 2025 à 19:00

    March 24, 2025

    San Luis Obispo police arrest alleged copper downspouts thief

    August 16, 2024

    Gold’s Epic 2025 Is Not Over yet, Says Goldman Sachs

    April 14, 2025
    What's Hot

    Experts predict $10 price target for this viral new cryptocurrency; AVAX price and VET struggle to find bullish momentum

    July 22, 2024

    Réforme de la pension de retraite : le prix controversé de la pérennité

    June 8, 2025

    UK firms are investing heavily in new tech – but will it make any difference?

    August 1, 2025
    Our Picks

    GSCI Precious Metal Historical Data (SPGSPM)

    April 9, 2025

    Decline in Haryana Farm Fires Signals Change in Agricultural Practices | Gurgaon News

    October 27, 2024

    HBM Healthcare Investments lance un programme de rachat de 10 % de son capital social

    July 1, 2025
    Weekly Top

    ‘I had a double lung transplant then won silver’

    August 22, 2025

    St Dogmaels among the best UK villages to invest in

    August 22, 2025

    How the digital euro could change the way people pay

    August 22, 2025
    Editor's Pick

    un laboratoire à ciel ouvert près de Tôtes

    May 5, 2025

    SIFC boosts agricultural exports, Pakistan’s economic growth on the rise

    April 3, 2025

    GRANDES MINES – Le projet Base Toliara discuté à Washington

    March 13, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.