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Gujarat Emerges as Copper Hub Amid Soaring Demand

Financial Express Lucknow

|

August 25, 2025

Rising Trend

- SURYA SARATHI RAY

DESPITE HAVING LIMITED resources of copper ore, Gujarat has emerged as the country's copper production hub with large investments from Hindalco and Adani at Dahej and Mundra, respectively.

While Hindalco's Dahej unit started in 1998, Gujarat pipped Tamil Nadu to become the largest copper producer with Adani's Kutch facility starting operations in 2024. Hindalco's proposed smelter expansion at Dahej by 300,000 tonne per annum is going to entrench Gujarat's position.

Tamil Nadu's copper capacity plunged following the closure of Vedanta's Tuticorin smelter in 2018, which used to contribute 46% of the domestic production. JSW Group's 500,000 tonne per annum proposed greenfield smelter in Odisha is planned to be operational by FY29.

Financial Express Lucknow'den DAHA FAZLA HİKAYE

Financial Express Lucknow

NHAI will raise ₹9,270-cr via TOT; IRB Infra wins bid

IN THE FIRST highway monetisation deal of the current financial year, the National Highways Authority of India (NHAI) will raise 9,270 crore, with the letter of award being issued to IRB Infrastructure last week for three highway stretches of total length of 333.4 km in Uttar Pradesh.

time to read

1 mins

November 20, 2025

Financial Express Lucknow

IBBI seeks stricter norms for bidder identity check

Higher duties cast on resolution professionals

time to read

2 mins

November 20, 2025

Financial Express Lucknow

Volkswagen cuts India EV costs, seeks local partner

Tighter carbon emission rules kick in from 2027

time to read

2 mins

November 20, 2025

Financial Express Lucknow

Adani's ₹14,535-crore bid for JAL gets lenders' nod

BUSINESS TYCOON GAUTAM Adani has won the approval of creditors of Jaiprakash Associates (JAL) for its ₹14,535-crore acquisition proposal for the bankrupt infrastructure group.

time to read

1 min

November 20, 2025

Financial Express Lucknow

Mizuho seeks aggressive India expansion

MIZUHO FINANCIAL GROUP is exploring ways to build up its business in India, where the Japanese bank sees the potential for replicating its achievements of advising and financing corporate clients in other markets, according to a top executive.

time to read

1 mins

November 20, 2025

Financial Express Lucknow

Chinese AI university tops Harvard, MIT in patent race

PRESIDENT XI JINPING AMONG TSINGHUA GRADUATES

time to read

3 mins

November 20, 2025

Financial Express Lucknow

SC strikes down key tribunals Act terms

IN A MAJOR jolt to the Centre, the Supreme Court on Wednesday struck down key provisions of the 2021 Tribunals Reforms law related to appointment, tenure,and service conditions of tribunal members and presiding officers, saying \"Parliament cannot simply override judicial decision by reenacting\" these with minor tweaks.

time to read

1 min

November 20, 2025

Financial Express Lucknow

Sensex tops 85,000 after over a year

Nifty ends above 26,000; investors gain ₹1.12 lakh cr

time to read

1 min

November 20, 2025

Financial Express Lucknow

Banks seek more leeway in acquisition financing

BANKS HAVE FLAGGED several restrictions in the Reserve Bank of India’s acquisition financing guidelines that they believe will limit their participation in the merger and acquisition (M&A) space.

time to read

1 min

November 20, 2025

Financial Express Lucknow

Sarvam.ai to launch India's first LLM by early next year

SARVAM.AI PLANS TO roll out India’s first homegrown foundational large language model (LLM) in the next couple of months, co-founder Vivek Raghavan said.

time to read

1 min

November 20, 2025

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