Gravita India Limited has announced the incorporation of its wholly-owned subsidiary, Gravita Recyclers USA Inc., in the United States of America. This strategic move aligns with the company’s global expansion objectives in the recycling sector. The new entity is established to engage in the trading of scrap and scrap materials, marking a significant step for Gravita’s international operations.
Gravita Establishes US Subsidiary
Gravita India Limited has officially incorporated a new entity in the United States of America, named Gravita Recyclers USA Inc. This incorporation marks a significant step in the company’s international expansion strategy. The new subsidiary is designated as a wholly-owned subsidiary (WOS) and will operate as a related party to Gravita India Limited.
Business Focus of New Entity
The primary objective of Gravita Recyclers USA Inc. will be to engage in the trading of scrap and scrap materials. This aligns with Gravita India’s core business operations and aims to leverage the growing recycling market opportunities in the United States. The company’s initial capital investment in this subsidiary is reported as USD 50,000.
Incorporation Details
The newly incorporated entity, Gravita Recyclers USA Inc., was officially established on October 16, 2026. The company has been newly incorporated and is yet to commence business operations. This strategic initiative is expected to enhance Gravita’s global footprint and diversify its revenue streams in the international recycling industry.
Source: BSE
