Expansion7 May 2026, 08:01 pm
Gravita to Set Up ₹160 Cr Copper Recycling Plant in Mandvi, Gujarat
AI Summary
Gravita India Limited plans to establish a copper recycling plant in Mandvi, Gujarat, with a capital expenditure of approximately ₹160 crore. The plant will have an installed capacity of ~29,400 MTPA and is expected to commence commercial operations within 12 months. The commissioning will be funded through internal accruals. This initiative aims to expand Gravita’s non-ferrous metal recycling portfolio, enhance value addition, and meet growing demand for recycled copper, supporting sustainable manufacturing and reducing carbon footprint.
Key Highlights
- Gravita to invest ₹160 crore in a new copper recycling plant in Mandvi, Gujarat.
- The plant will have a recycling capacity of approximately 29,400 MTPA.
- Commercial operations are expected to begin within the next 12 months, funded internally.
- The plant aims to expand Gravita's non-ferrous metal recycling portfolio and meet copper demand.
- The initiative supports sustainable manufacturing and reduces the carbon footprint.