Browsing: Grasim

Scaling new heights, industry pioneers, The House of GBTL-Grasim and OCM have announced the launch of a new-age brand ‘GRADO’.

The annual event, presented by Aditya Birla for the last five years, has become an exciting, knowledge-sharing platform for manufacturing professionals in plant operations, production management, quality control, technical and engineering and human resource.

The caustic soda prices in India moderated during the quarter led by temporary softening in global caustic soda prices. The underlying demand from the user industry (alumina and textile) continues to remain buoyant.

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.

Aditya Birla Group firm Grasim Industries will invest over Rs 13,000 crore in its textile and cement businesses over the next 24-36 months, as the company looks to increase capacity and modernise production.