- Business
- Grasim Industries Limited Grasim Industries Limited (GRASIM.NS), a flagship company of the Aditya Birla Group, manufactures viscose staple fibre, diversified chemicals, fashion yarn and fabrics; it operates through subsidiaries including UltraTech Cement, India's largest cement producer, Aditya Birla Capital, a leading diversified financial services provider, and Aditya Birla Renewables, a clean energy solutions player. Incorporated in 1947 and headquartered in Mumbai, India, the company maintains manufacturing plants in Nagda (Madhya Pradesh), Kharach and Veraval (Gujarat), Bharuch (Gujarat), and Harihar (Karnataka), with global exports of viscose rayon fibre to over 50 countries; its core products encompass cellulosic staple fibres under Birla Cellulose for apparel, home textiles and non-wovens, a comprehensive chemicals portfolio including caustic soda, chlorine derivatives such as stable bleaching powder, polyaluminium chloride, chlorosulphonic acid, chlorinated paraffin wax, calcium chloride, aluminium chloride and chloromethane, epoxy resins, reactive diluents and hardeners, as well as linen fabrics, wool tops, worsted yarn and cotton fabrics under brands like Linen Club, Cavallo, Soktas; it also produces rayon-grade wood pulp, insulators, textiles and solar power engineering solutions. Grasim recently launched Birla Opus paints with six greenfield plants achieving 1,332 million litres per annum capacity, introduced Birla Pivot as a B2B online marketplace for building materials, secured a ₹12.5 billion sustainability-linked investment from the International Finance Corporation for decarbonization in its paints expansion, approved a 26% equity stake acquisition in special purpose vehicles Ampin Energy C&I Three and Ampin Energy C&I One for renewable energy projects supplying its paint plants in Karnataka and Tamil Nadu, and through UltraTech Cement completed strategic acquisitions of India Cements and Kesoram Cement to accelerate capacity towards 200 million tonnes per annum ahead of schedule.