India's Adani Enterprises said on Thursday it will divest 50% of its copper tubes business to MetTube Copper India in a bid to boost domestic copper tube production and reduce reliance on imports.

A unit of India's Adani Enterprises will exit AWL Agri Business, its joint venture with Singapore's Wilmar , for 108.74 billion rupees ($1.27 billion), the conglomerate said on Thursday.