Grasim Industries Ltd.

BSE: 500300 | NSE: GRASIM
Large Cap | Diversified
2808.50
12.35 (0.44%)
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Grasim receives green nod for expansion project worth Rs 2,560 crore

Date: 22-01-2018

Grasim Industries has received green nod for expanding the production of manmade fibre VSF at Bharuch, Gujarat that would entail an investment of Rs 2,560 crore. The company has four VSF (Viscose Staple Fibre) plants in India, of which two are located in Gujarat, one each in Kharach and Vilayat in Bharuch district.

Grasim Industries is the flagship company of the Aditya Birla Group. The company’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute to over 90% of its revenues and operating profits.