Gravita India Forays into Lithium-Ion Battery Recycling with New 6,000 MTPA Mundra Plant

• Gravita India announced its entry into lithium-ion battery recycling with a new plant in Mundra, Gujarat, on January 23.
• The facility boasts a capacity of 6,000 metric tonnes per annum (MTPA) and involved an investment of approximately ₹14 crore, funded through internal accruals.
• The plant focuses on safe and sustainable recycling, utilizing advanced technology to minimize environmental impact and conserve critical resources.
• This venture aligns with Gravita's strategy to promote a circular economy, reduce reliance on raw material mining, and support the global transition to cleaner energy.
• Gravita plans to expand its recycling operations and collaborate with EV and renewable energy sectors to strengthen its market position.

Why It Matters: Gravita India launches a 6,000 MTPA lithium-ion battery recycling plant in Mundra, Gujarat, promoting sustainability.