Gravita India Ltd. is set to significantly expand its lead recycling capabilities at its Phagi facility in Jaipur. The company plans to add approximately 42,000 MTPA of new capacity, addressing the near-full utilization of its existing plant. This strategic move, backed by an investment of Rs. 30.00 Crores, aims to meet the rising demand for sustainable lead products in both domestic and international markets, with completion expected by the end of June 2026.
Boosting Production Capabilities
To support its long-term growth strategy, Gravita India Ltd. has announced a capacity expansion plan for its lead recycling unit located in Phagi, Jaipur. Given that the existing facility is currently operating at near-full utilization of its 35,319 MTPA capacity, this expansion is a critical step to ensure the company remains equipped to serve its growing customer base.
Expansion Details and Funding
The proposed project will add an additional capacity of approximately 42,000 MTPA. The company has earmarked an investment of Rs. 30.00 Crores (approx.) for this project. According to the company’s disclosure, the expansion is being financed through internal accruals, reflecting a strong financial position. The enhancement is on track to be operational by the end of June 2026.
Strategic Rationale
The decision to expand follows a broader corporate strategy to strengthen the company’s footprint in the sustainable metal recycling industry. By scaling up, Gravita India aims to capitalize on the increasing global and domestic demand for recycled, sustainable lead products, thereby reinforcing its leadership position within the sector.
Source: BSE
