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Grasim Industries concludes Brownfield expansion of 36,500 TPA of VSF Capacity at Karnataka

03 May 2013 Evaluate

Grasim Industries has completed the Brownfield expansion of 36,500 TPA of Viscose Staple Fibre (VSF) Capacity located at Harihar in state of Karnataka. This is pursuant to the commissioning of 20 MW Power Plant located at the said plant. The Phase I of 18,250 TPA capacity of VSF had become operational in September, 2012.

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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