Capacity Expansion
Gravita India to Set Up Copper Recycling Plant in Gujarat
NSE
gravita
BSE
533282
Gravita India announced plans to establish a copper recycling plant at Mandvi, Gujarat with an investment of around Rs. 160 crore and installed capacity of ~29,400 MTPA.
PRICE-SENSITIVE TRIGGER
Event: Copper Recycling Plant Announcement
Type: Capacity Expansion
Impact: Positive
Immediate Effect: The project is expected to strengthen Gravita’s recycling portfolio and support long-term revenue growth
Key Metrics:
- Planned Capex: ~Rs. 160 crore
- Installed Capacity: ~29,400 MTPA
- Expected Commissioning Timeline: Within 12 months
Highlight:
- Gravita plans to expand its non-ferrous recycling business through a new copper recycling facility in Gujarat.
What Happened ?
Gravita India announced the setup of a copper recycling plant at Mandvi, Gujarat.
The project will:
- Expand copper recycling operations
- Improve value-added product offerings
- Support circular economy initiatives
- Strengthen non-ferrous metal recycling portfolio
The company said the project will be funded through internal accruals.
key highlights
Project Details:
- Plant location is Mandvi, Gujarat.
- Commercial operations expected within 12 months.
- Facility will use advanced recycling technologies.
- Project aims to improve margins and operational synergies.
- The plant is expected to support domestic and export demand for recycled copper.
- Management expects positive contribution to revenue and profitability.
Note:
- The expansion aligns with the company’s long-term recycling and sustainability strategy.
Risk Analysis
Key Risks
- Regulatory approval risks
- Execution and commissioning delays
- Volatility in copper prices
- Demand fluctuations in recycling markets
Worst Case Scenario
- Delay in project execution or weaker recycling demand could impact expected returns from the investment.
Risk Level: Medium
Company Commentary
- Gravita said the project strengthens its circular economy focus.
- Management expects the facility to enhance value-added recycling capabilities.
- The company aims to improve operational efficiency and sustainability initiatives.
Official Exchange Filing: Gravita India Limited