Grasim Industries Ltd.

Grasim Industries is planning to invest Rs 3,117 crore on its existing businesses in FY23. This investment would be towards capacity creation and modernisation of plants. The company's board has already approved a total capex of Rs 10,000 crore for the paints business, out of which Rs 605 crore has been spent till FY22. Additionally, the company has earmarked Rs 2,000 crore for the B2B e-commerce business.

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.