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Gravita India’s arm starts commercial production of Aluminum Cast Alloys from its new plant

12 Jul 2019 Evaluate

Gravita India’s step down subsidiary -- Gravita Tanzania, situated in Tanzania, Africa has started commercial production of Aluminum Cast Alloys from its new plant having a capacity of around 6,000 MTPA.

The Group has made an investment of around Rs 6 crore for establishment of this New Recycling Plant having capacity of 6,000 MTPA from internal accruals of the company.

Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.

Peers
Company Name CMP
Hindalco Industries 884.70
Vedanta 264.75
Hindustan Zinc 547.10
Jain Resource Recycl 288.35
CMR Green Tech 214.75
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