Grasim Industries Ltd.

Grasim Industries’ Board of Directors has approved a foray into the paints business. Grasim's Board has approved initial capital expenditure of around Rs 5,000 crore over the next 3 years.

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.