Copper Tube Manufacturing Plant to be Established in Gujarat
Mettube Copper India Private Limited Signs MoU with Government of Gujarat
Gandhinagar, Monday: The government of Gujarat signed a Memorandum of Understanding (MoU) with Mettube Copper India Private Limited, a leading company in the production and development of copper tubes, in the presence of Chief Minister Shri Bhupendra Patel and the Minister of Industry and Minister of State for Industry. The aim is to establish a state-of-the-art copper tube manufacturing plant in the Sanand-II Industrial Area, with a planned start of production in January 2024.
The plant, which will be the first of its kind in India, will help the country realize the goal of self-reliant India as set forth by Prime Minister Shri Narendra Modi. The proposed plant will also reduce the carbon footprint of future devices by producing fifth-generation copper tubes, which are eco-friendly and highly efficient.
The chairman of Mettube Copper India, Shri Apurv Bagri, said that the company operates a large plant in Malaysia and has chosen Sanand in Gujarat for the proposed copper tube project due to the incentives provided by the central government to promote copper tube manufacturing in the country.
Approximately 1500 direct and indirect jobs will be created through the eco-system of the first phase of the project. The state government has promised to provide appropriate assistance to start the proposed plant in Gujarat.
In conclusion, the establishment of this copper tube manufacturing plant in Gujarat will not only provide employment opportunities but also contribute to the growth of the country's economy and industry.