Related Keywords: India, viscose staple fiber, VSF
Grasim Industries said the work at greenfield viscose staple fibre project has been hampered due to unexpected floods at Vilayat in Gujarat in the last week of September. This will affect the project commissioning schedule, it said.
Further the company said the operations at chemical plant are also suspended due to floods affecting the plant and power supply. 'This, however, is not likely to have any significant impact on the company's profitability, considering the present contribution of this plant to overall profitability.
