Gopalan Enterprises has launched Gopalan Metals (India), a copper manufacturing facility in Hoskote industrial area, Bengaluru. The unit has an annual production capacity of 6,000 million tonne (MT).

Presently, the company is looking at a projected capacity of 3,000 MT and envisages revenue of Rs 270 crore for FY25, from domestic and international business.

The facility will produce various types of copper rods, flats and wires which would serve segments such as cable, transformer, automobile, electronics, solar energy and railways. By the end of 2024, it will also manufacture domestic cables.

Gopalan Metals aims to help cut India’s reliance on imports, address supply challenges, and aid clean energy transition. Copper is 100 percent recyclable, making it a crucial component for renewable energy technologies.