Related Keywords: domestic fiber business has grown by 22%, fiber, Grasim Industries, textile business, viscose, VSF business
Grasim’s managing director Dilip Gaur said that, “Viscose is eating out of other fiber markets. Our domestic fiber business has grown by 22% (annually) during the March 2018 quarter,” adding that the bulk of the growth in the textile business is expected to come from the company’s VSF business in the future.On a consolidated basis, Grasim Industries will invest more than Rs13, 327 crore in capex into its textile and cement businesses till financial year 2021.
