Gravita India has expanded the capacity of its existing plant located at Chittoor in the state of Andhra Pradesh (AP) by installing new washing line and PPCP Granules extrusion lines which is having annual capacity of 4,800 MTPA. The production from said plant will cater the needs of PP/HDPE Moulding & Fiber Industries globally. At present company is utilizing full capacity of its existing plastic plant and after the said expansion the capacity of Chittoor plant in plastic segment will be 6,000 MTPA.
The company has invested Rs 171 lakh partly by way of leasing & partly from its internal accruals for the said expansion. Further after the above expansion the total capacity of Chittoor plant in Lead & Plastic segment will be 34,000 MTPA.
Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.
Company Name | CMP |
---|---|
Hindalco | 689.25 |
Vedanta | 449.80 |
Hindustan Zinc | 687.00 |
Gravita India | 1062.45 |
Ram Ratna Wires | 355.00 |
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