Grasim Industries Ltd.

Grasim Industries is all set to invest Rs 3,094 crore for Phase II Lyocell capacity of 110K TPA at Harihar, Karnataka. In this regard, the board of directors of the company at their meeting held on June 08, 2026 has approved the same. This expansion will consist of 2 lines of 55K TPA (150 Tons per day) each. The first line is expected to be commissioned by 2028, and the second line is expected to be commissioned by 2030.

This additional capacity will complement the Phase I Lyocell plant of 55K TPA currently under construction at Harihar, which is expected to be commissioned by mid-2027. Upon completion, the company’s total Lyocell capacity, will reach nearly 210K TPA, making it one of the largest Lyocell producers globally.

Grasim Industries is a flagship company of 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.