Grasim Industries Ltd.

Grasim Industries has received nod for expanding the production of viscose staple fibre (VSF) and captive power at Kharach unit in Bharuch in the state of Gujarat that would entail an investment of Rs 1,800 crore.

The company is planning to raise the production capacity of VSF from 1,27,750 tonne per annum (TPA) to 2,33,600 TPA, while that of the captive power plant from 25 MW to 45MW. It wants to expand its VSF production capacity to meet the increased demand of man-made fibres in India.

The company’s Birla Cellulosic unit has received approval for expansion of its Kharach plant and it will undertake the proposed expansion within the existing plant area in 242.81 hectare.

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