July 3, 2025: Gravita India has revealed plans for a new lead recycling plant in the country — and said it is pressing ahead with another planned facility in the Caribbean.

Chief financial officer Sunil Kansal updated analysts on the lead recycling major’s plans on May 5, according to newly released documents posted on the company’s website.

CEO Yogesh Malhotra declined to comment on speculation that the plant could be in Eastern India but said in the May 5 earnings call it would be a region where the company currently has no presence.

Malhotra said the location was “still being finalized”, but gave no details on the cost or size of the project.

Meanwhile, on previously announced plans to establish a lead recycling plant in the Dominican Republic, Kansal said obtaining relevant licences had taken longer than expected.

However, he said Gravita would move ahead as soon as the licences were issued — although no details were given concerning the proposed construction schedule or recycling capacity.

Batteries International reported last February that lead battery recycling capacity at its existing Mundra facility in India was on course to increase to 100,000 tonnes a year.