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VSF's global demand has been growing at a CAGR of 6% compared with cotton's 1% and polyester staple fibre's 2%, making Grasim invest in the VSF business

Related Keywords: Aditya Birla Group, caustic soda, cotton, fibre demand, Grasim, international designers, Liva Fabric, polyester, polyester staple fibre, power and steam and carbon disulfide, pulp requirements, sustainable fibre, Viscose staple fibre, VSF plants

The company plans to spend ₹4,257 crore of the ₹13,327 crore of capital expenditure towards brownfield expansion and debottlenecking of VSF plants.

Mr. Agarwal said that, “Our manufacturing input of caustic soda, power and steam and carbon disulfide are fully captive and we have control over 60% of the pulp requirements.”

Grasim has ensured control over 80% of the costs through backward integration, giving it an important competitive advantage over nonintegrated players.

Texworld Paris 2015 experiencing an exceptionally large rate of registration

Related Keywords: business opportunity, Cotton materila, European market, exceptional rate of registration, exhibitors, Frankfurt Style Award, fully booked, international designers, Texprocil, textile and fashion industry, textile manufacturing countries, Texworld Paris 2015

Today Texworld has become more than a place where people meet to do business. The show looks to suffuse its visitors and exhibitors with the latest trends, to have them touch and feel the materials, for an ever-more-lively visit. The next Texworld trade fair that is set to take place at Paris is experiencing an exceptional rate of registration, with the space expected to be fully booked very soon.

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