The step down subsidiary of Gravita India, Gravita Netherlands BV, has been provided 34 million Euros ESG loan from European Developmental Financial Institutions.
Recycling player Gravita India Ltd on Wednesday said it has raised 34 million euros loan facility from two European developmental financial institutions.The loan has been granted after rigorous due diligence on various environmental, social and governance aspects at Gravitas manufacturing subsidiaries, the company said in a statement..step-down subsidiary Gravita Netherlands BV has been provided 34 million euros ESG loan from SOCIT DE PROMOTION ET DE PARTICIPATION POUR LA COOPRATION ECONOMIQUE S.A.