Related Keywords: 500 crore, Aditya Birla Group-owned Grasim Industries, approved a brownfield expansion, earmarked more than Rs 3, expanding output of VSF, finds key use in making textiles, money will be spent over next two and a half years, only producer of Viscose staple fibre, Vilayat facility, VSF in India
Aditya Birla Group-owned Grasim Industries, the only producer of the Viscose staple fibre (VSF) in the country, has earmarked more than Rs 3,500 crore on expanding the output of VSF that finds key use in making textiles.
Sushil Agarwal, group CFO of Grasim Industries said that the money will be spent over the next two and a half years. They have a strong balance sheet.
