# Gravita India plans ₹64 crore copper recycling capacity expansion 2026-08-20T04:58:06+00:00 | Governance | Indian Opinion Desk Corroboration: 1 independent outlet Gravita India will add 59,200 tonnes per annum of copper recycling capacity at its Mundra facility in Gujarat, investing ₹64 crore entirely from internal accruals. The phased expansion is scheduled for completion by March 31, 2029, and will serve as backward integration for the company's upcoming Mandvi copper recycling plant. The move follows Gravita's ₹561.84 crore acquisition of a 99.44% stake in Rashtriya Metal Industries Ltd in July 2026, which marked its entry into copper alloys. The company reported consolidated revenue of ₹1,475.06 crore for Q1 FY27, up 41.8% year-on-year, with net profit rising 14.3% to ₹106.37 crore. The Mundra expansion is part of Gravita's strategy to diversify beyond lead recycling into higher-margin non-ferrous metals. ## Indian Opinion Analysis Gravita India already derives most of its revenue from lead recycling, but margins in that segment are thinning as raw material costs rise. Copper recycling offers better realisation, especially as India's non-ferrous scrap imports, over 5 lakh tonnes annually, keep growing. The Mundra location is strategic: the port gives direct access to containerised copper scrap from West Africa, Europe and the Middle East, bypassing inland logistics bottlenecks. Backward integration means the Mandvi plant will get semi-processed feed from Mundra, cutting tolling costs by an estimated 8, 10%. Watch Gravita's Q2 FY27 copper volume disclosures to see whether the RMIL acquisition is already contributing to margins. ## Coverage - sahi.com Leads with the company's own announcement and financial data, uses 'strategic expansion' framing without contesting any claim. This story was synthesised by AI from the source linked above. Tags: Copper Recycling, Gravita India, Gujarat Canonical: https://indianopinion.org/gravita-india-plans-rs64-crore-copper-recycling-capacity-expansion/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/gravita-india-plans-rs64-crore-copper-recycling-capacity-expansion/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes. How this brief was made: an AI model read the report linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/