Gravita India Acquires Metal Firm to Expand Copper Recycling

Published: Mar 16, 2026 09:19

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Indian recycling company Gravita India has agreed to acquire Rashtriya Metal Industries to expand its copper and copper-alloy recycling operations. The deal, valued at around ₹559 crore, will allow the company to move further into copper alloy production using scrap materials. Analysts say the acquisition reflects the rapid expansion of India’s secondary copper industry.

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