- Business
- Graphite India Limited (GRAPHITE.BO) manufactures graphite electrodes, carbon and graphite specialty products, calcined petroleum coke, impervious graphite equipment, glass reinforced plastic pipes and high-speed steel; offers renewable energy solutions including solar, wind and hydropower generation; and pursues advanced materials through graphene sheet production and battery chemicals technology. The company operates six manufacturing plants across India, with a 100% owned subsidiary, Graphite COVA GmbH, in Nuremberg, Germany, and serves customers in steelmaking via electric arc furnaces, chemicals, metallurgy, non-ferrous metals, semiconductors, solar, glass, quartz and mechanical process industries internationally. Founded in 1967 through collaboration with Great Lakes Carbon Corporation of the USA and headquartered in Kolkata, West Bengal, Graphite India maintains an electrode production capacity of 98,000 metric tons per annum.
Recent strategic developments include the acquisition of a 31% stake in GODI India Private Ltd for INR 50 crore in 2023 to advance lithium-ion, sodium-ion and solid-state battery technologies alongside supercapacitors for electric vehicles and energy storage; progressive buildup to a 60.12% stake in U.S.-based General Graphene Corporation for large-area graphene sheet production; a 6.82% stake purchase in NYSE-listed GrafTech International for Rs 168.13 crore in 2025; and a memorandum of understanding signed with the Maharashtra government on August 29, 2025, for a proposed Synthetic Graphite Anode Material project, subject to approvals. The company expanded renewable power capacity from 18 MW toward 37 MW by March 2024 and continues investments in value-added graphite products for automotive, aerospace, pharmaceutical and machine tool sectors. Graphite India emphasizes innovation, sustainability and cost optimization amid global demand shifts in steel and energy transition markets.