Gravita India’s step down subsidiary -- Recyclers Ghana, West Africa, has enhanced the production capacity of its existing Lead Recycling Plant from 6,000 MTPA to 12,000 MTPA. The Group has made investment of around Rs 21 crore for establishment of this Recycling Plant having capacity of 12,000 MTPA which has been invested from internal accruals of the company.
The production from the Ghana plant will provide strategic advantage to the company to cater to the European and US Market. This plant will help the company to save the logistics cost which will reduce the working capital cycle of the company resulting in better margins.
Gravita India is a leading recycling company having its operations in Non-Ferrous Metals and Plastic Recycling.
