Adani Group to invest ₹1.5 lakh crore in Kutch over next five years| Business News

Adani Group plans to invest ₹1.5 lakh crore in Kutch over the next five years, as the ports-to-mining conglomerate looks to double down on investments in its home state of Gujarat. Karan Adani, managing director and chief executive of Adani Ports and Special Economic Zone Ltd. (Bloomberg) “We will complete our Khavda project and commission […]

Adani’s Kutch Copper smelter in Gujarat caught up in global ore shortage| Business News

Billionaire Gautam Adani’s $1.2 billion copper smelter in Gujarat is receiving only a fraction of the ore required to operate the 500,000-ton-a-year plant at full capacity, as a global supply squeeze tightens. Adani’s Kutch Copper requires about 1.6 million tons of concentrate to function at full strength. (Reuters) Kutch Copper Ltd., which began processing metal […]