Recycling company Gravita India Limited (Gravita) has announced the launch of its state-of-the-art lithium-ion battery recycling plant in Mundra, Gujarat, with an annual capacity of 6,000 tonnes. The company has invested around Rs. 14 crores for the procurement and commissioning of the recycling plant.

The company seeks to ensure the safe and sustainable recycling of lithium-ion batteries, reducing environmental impact, and conserving precious resources. It has also invested in technology to improve the efficiency and scalability of the recycling process, ensuring that toxic chemicals and waste are minimized. This venture is part of Gravita’s commitment to promoting a circular economy by reusing valuable materials and reducing the dependency on mining for raw materials. 

The recycler's venture into lithium-ion battery recycling is aligned with its sustainability goals and the global push for cleaner, more efficient energy solutions. As the popularity of electric vehicles continued to grow, the company aims to become a key player in the global battery recycling market, supporting a greener, more sustainable planet for future generations. It plans to expand the scope of its recycling operations and collaborate with leading players in the EV and renewable energy sectors to further enhance its recycling capabilities. 

Gravita has 13 eco-conscious state-of-the-art manufacturing facilities worldwide, collectively capable of processing 3,45,659 tonnes. It has a presence in over 70 countries and operates across 5 business verticals.