Debt financing

Recycling player Gravita raises 34-M euros from two European financial institutions

MyBigPlunge  

Jaipur-based recycling player Gravita India Ltd has raised a 34 million euros loan facility from two European developmental financial institutions: France's Proparco and Austria's OeEB. The loan will be used to strengthen Gravita's sustainability initiatives. Gravita has 11 manufacturing facilities across the globe having a total capacity of 2.51 lakh MTPA.

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