Gravita India to acquire Rashtriya Metal Industries for Rs 800 crore, marking entry into copper alloys

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.