MARKET & ECONOMY​

In the first quarter of fiscal 2018-19, the revenue of Grasim Industries from the viscose staple fibre (VSF) business has climbed 35 per cent to Rs 2,480 crore and EBITDA has been recorded at Rs 3,212 crore, up by 33 per cent.

Parvati Fabrics Ltd, is well-known as leaders in manufacturing and trading across India as well as exporting high quality fabrics and designer women’s wear to various countries all over the world.

The minister, who is also in-charge of the Sugar, Information Technology and Biotechnology (IT & BT) and Science and Technology portfolios, visited the industrial estate being set up by the Karnataka Industrial Area Development Board. The estate will be spread over 1,460 acres of land.