In a move set to reshape India’s infrastructure and mining landscape, N.A.N. GreenMet, the advanced manufacturing enterprise founded by Navin Agarwal, Vice Chairman of Vedanta, has joined hands with Enaex S.A., a subsidiary of the Sigdo Koppers Group and global leader in blasting solutions, to establish a joint venture focused on precision blasting technologies.
The partnership will deliver emulsions, electronic detonators, and advanced blasting services tailored for India’s high‑growth industrial corridors, including tunneling, construction, limestone, quarrying, and ferrous and non‑ferrous mining.
Navin Agarwal, Founder & Chairman of N.A.N. GreenMet, emphasized the importance of collaboration: “India’s infrastructure and resources ecosystem is entering a new phase defined by safety, precision and productivity. This joint venture with Enaex is an important step towards building world‑class precision blasting capabilities. N.A.N. GreenMet’s strengths in execution, understanding of the industrial ecosystem and stakeholders, combined with Enaex’s proven global technology and operating standards will create a trusted platform that enables India’s infrastructure and mining growth.”
Enaex, with a 105‑year legacy and operations spanning 20 production plants and exports to over 40 countries, brings proprietary technology and global safety standards to the partnership.
Juan Eduardo Errázuriz, Chairman of Enaex S.A., highlighted the strategic significance: “This JV consolidates our presence and leadership in one of the world’s most important regions and reinforces a strategy that combines growth, innovation, and sustainability, alongside a top‑tier partner. India is one of the world’s most dynamic growth markets for infrastructure and resources. The success of this venture will come from combining Enaex’s technology and safety standards with N.A.N. GreenMet’s reputation, relationships and execution capabilities in India, and we are proud to build this business together.”
The joint venture underscores India’s push for safer, greener, and more efficient blasting solutions, aligning with the nation’s infrastructure ambitions and resource development goals.
Marex Media
Release By Communicate India