Praneetha EcoCables Lays Foundation Stone for Wire and Cables Manufacturing Plant
Ahmedabad, September 29, 2025: Praneetha EcoCables Limited, a joint venture between Kutch Copper Limited (KCL), a wholly-owned subsidiary of the Adani Group, and Praneetha Ventures Private Limited, announced today the laying of the foundation stone for its new wire and cables manufacturing plant in Virochannagar, near Ahmedabad.
The forthcoming facility will encompass 27 acres and will concentrate on the manufacturing, marketing, and distribution of premium wires and cables. In the first phase, the company intends to produce a (capacity) of wires and (capacity) of cables. Additionally, the site has an adequate land for future expansions.
“Our partnership with Praneetha Ventures brings together deep expertise in copper manufacturing and a shared vision for producing world-class wire and cable solutions. With innovation, sustainability, and operational excellence at its core, Praneetha EcoCables is set to become a cornerstone in India’s journey toward self-reliance and global leadership in high-quality infrastructure products,” said Shri Jeet Adani, Wholetime Director at the Adani Group.
The plant is designed to set new benchmarks in sustainable manufacturing by leveraging advanced technologies and implementing best-in-class environmental practices. Both Kutch Copper Limited and Praneetha Ventures Private Limited hold equal equity in Praneetha EcoCables.
The plant will exclusively use pure copper, ensuring superior conductivity and durability, and will not rely on recycled copper, reinforcing the company’s pledge to deliver uncompromised quality and safety for critical infrastructure and energy applications.
Pranjal Goel, Director, Praneetha Ventures, said: “This collaboration brings together the industrial scale and technical depth of Kutch Copper with the entrepreneurial drive and innovation mindset of Praneetha Ventures. Our new plant will adopt green manufacturing practices, minimise environmental impact, and support India’s transition to a low-carbon economy. This initiative aligns with our vision to empower the nation with world-class, eco-friendly solutions that drive progress and prosperity.”
The new facility is expected to generate significant employment opportunities and foster local economic development, while supporting India’s ambitious infrastructure and renewable energy goals.
About Praneetha EcoCables Limited:
PEL is a 50:50 joint venture between Kutch Copper Limited (Adani Group) and Praneetha Ventures Private Limited, incorporated in March 2025. The company’s upcoming state-of-the-art manufacturing facility is located at Virochannagar, near Ahmedabad, and is committed to manufacturing, marketing, and distributing high-quality wires and cables with a strong focus on sustainability and nation-building.
