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Grasim Industries commences commercial production at Greenfield VSF Plant

31 Jul 2014 Evaluate

Grasim Industries has commenced the commercial production at the company’s Greenfield Viscose Staple Fibre (VSF) Plant at Vilayat in state of Gujarat with the commissioning of 2 Lines with a capacity of 77,000 MT per annum of Grey / Dyed Fibre.

The work on the remaining 2 Lines to produce Modal / Micro Modal Fibre is at an advanced stage of commissioning. On completion, the capacity at Vilayat Plant will increase to 120,000 MT per annum.

Grasim Industries is the flagship company of the Aditya Birla Group. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90 per cent of its revenues and operating profits.

Peers
Company Name CMP
Grasim Industries 3171.00
DCM Shriram 998.35
3M India 34233.10
Hindustan Foods 625.90
Balmer Lawrie & Co 168.10
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