Gravita India’s step down subsidiary in Jamaica - Gravita Jamaica, has started recycling and commercial production of PET Flakes (Polyethylene Terephthalate) by installing an ultra-modern ‘PET Hot Wash Line’ with an annual capacity of 4,800 MTPA.
Gravita Group has made investments of Rs 6.50 crore for procuring and commissioning of this new ultra-modern recycling plant which is funded from the internal accruals of the company. The plant is expected to generate revenue of approximately Rs 10 crore coupled with a Gross Margin of 37% in its initial year.
Gravita is a public listed company and has carved a niche for itself, in the field of recycling in a very short span of time. It has 8 manufacturing setups in 6 countries.
| Company Name | CMP |
|---|---|
| Hindalco Industries | 956.65 |
| Vedanta | 280.80 |
| Hindustan Zinc | 533.15 |
| Jain Resource Recycl | 348.60 |
| CMR Green Tech | 251.35 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: