Gravita India is acquiring Rashtriya Metal Industries for around ₹800 crore. This move diversifies Gravita into copper and copper alloy products. Rashtriya Metal Industries is a legacy manufacturer of copper products. The acquisition strengthens Gravita's position as an integrated recycling and manufacturing platform. This strategic step aligns with growing global demand for copper.
Gravita India to acquire Rashtriya Metal Industries for Rs 800 crore, marking entry into copper alloys
