Gravita Targets 60,000 t/y Copper Recycling Capacity as New Business Reaches 50% Utilisation

Published: Sep 17, 2026 09:14

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Gravita India is scaling up its newly established copper recycling business following the acquisition of Rashtriya Metal Industries. The segment currently has 31,200 t/y of capacity, operated at around 50% utilisation in Q1 FY2027, and generated Rs 3.76 billion in quarterly revenue. Gravita plans to lift utilisation above 60% by year-end while commissioning a new 29,400 t/y copper recycling plant in Gujarat within the next 12 months. Total copper recycling capacity is targeted to reach around 60,000 t/y over the next three years. The company is also developing direct scrap procurement yards in markets including the U.S. to secure copper and other recycled feedstocks and reduce exposure to supply disruptions in existing sourcing channels.

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