February 6, 2025: Lead battery recycling capacity at Gravita India’s Mundra facility is on course to increase to 100,000 tonnes a year, the company confirmed on January 27.

The announcement came less than two years after Batteries International reported an increase in lead recycling at Mundra, in Gujurat, by 40,500 tpa to 60,000 tpa.

Gravita said the latest capacity increase, to be achieved within the next year, was announced by CEO Yogesh Malhotra in an earnings call on January 23.

Mundra is also set to start a pilot lithium ion battery recycling scheme, Malhotra said.

“It’s only a pilot project because, currently, we are not considering any revenues coming from lithium ion in the next three to four years.”

However, Malhotra said the move was needed to better understand the recycling tech for lithium, although the company has its own R&D team looking into the technology.

In future, Malhotra said Gravita envisaged a partnership with another company that already deals with lithium battery scrap and could involve a technology transfer agreement for recycling.

Gravita is also looking at opportunities to import (lithium) scrap into India for recycling. Malhotra said waste batteries could come from EVs and energy storage systems.

Last March, Gravita said an endorsement of pure lead products from Mundra by the Multi Commodity Exchange of India (MCX) would boost its trading position on the domestic market.

MCX said the lead produced had been assessed as an approved lead brand deliverable against MCX lead futures contracts.