Gravita India Ventures into Lithium-Ion Battery Recycling

Gravita India Limited has announced its foray into lithium-ion battery recycling at its existing plant in Mundra, Gujarat, with a capacity of 6,000 MTPA. The company has invested approximately ₹14 Crores in the project. This initiative aligns with Gravita’s commitment to sustainability and the promotion of a circular economy by reusing valuable materials.

New Recycling Plant Launch

Gravita India Limited has launched its state-of-the-art lithium-ion battery recycling plant in Mundra, Gujarat. The plant boasts a capacity of 6,000 MTPA. The announcement was made on January 23rd, 2026.

Investment Details

The company has invested approximately ₹14 Crores for the procurement and commissioning of the recycling plant. The investment has been funded from internal accruals.

Sustainability Focus

Gravita aims to ensure the safe and sustainable recycling of lithium-ion batteries. The initiative reduces environmental impact and conserves precious resources. The company has invested in cutting-edge technology to improve efficiency, scalability, and minimize toxic waste.

Strategic Alignment

This venture is part of Gravita’s commitment to promoting a circular economy through the reuse of valuable materials. As electric vehicles continue to gain popularity, Gravita aims to become a key player in the global battery recycling market, supporting a greener planet for future generations.

Source: BSE

Previous Article

Godrej Consumer Products Interim Dividend Declaration and Tax Deduction Information

Next Article

Indian Bank Strike Notice Received from United Forum of Bank Unions