Grasim Industries work at Greenfield Viscose Staple Fibre project has been hampered, affecting the project commissioning to due to unexpected floods at Vilayat in Gujarat, in the last week of September, 2013. The operation of Chemical plant in Gujarat has been suspended due to floods affecting the plant/power supply. However, is not likely to have any significant impact on the Company's profitability, considering the present contribution of this plant to overall profitability
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.
