What is the main business of Grasim Industries?
About Grasim It is a leading global producer of Viscose Staple Fibre, the largest Chlor-Alkali, Linen and Insulators player in India. Through its subsidiaries, UltraTech Cement and Aditya Birla Capital, it is also India’s largest cement producer and a leading diversified financial services player.
Who is the owner of Grasim?
Aditya Birla Group
Grasim Industries/Parent organizations
Grasim Industries, the flagship company of the Aditya Birla Group was incorporated on August 25,1947. It ranks among India’s largest private sector companies. Starting as a textiles manufacturer in 1948, today Grasim’s businesses comprise viscose staple fibre (VSF), cement, chemicals and textiles.
Does Grasim own UltraTech Cement?
Grasim is the parent company of UltraTech Cement and owns the UltraTech brand. Global giant Holcim runs its cement firms ACC and Ambuja Cement independently. In fact, these two companies which jointly form India���s largest cement producing block compete with each other in the market place.
What kind of business does Grasim Industries have?
Grasim’s subsidiary UltraTech Cement Limited is a leading global cement manufacturer with a capacity of 93 MTPA in India (includes 4 MTPA overseas).The company has four segments: Fibre and Pulp Chemicals Cement and Textiles. Fibre and Pulp segment includes Viscose Staple Fibre and Rayon Grade Pulp.
Which is the first cement plant of Grasim Industries?
1987 – Vikram Cement’s second production line is commissioned. 1985 – Vikram Cement — Grasim’s first cement plant goes on stream at Jawad (Madhya Pradesh). 1977 – Grasim’s third rayon plant – at Harihar, Karnataka – goes into production. 1972 – VSF and Pulp plant at Harihar (Karnataka) based on in–house engineering and know–how.
Where are the VSF plants of Grasim Industries?
The company’s VSF plants are located at Nagda in Madhya Pradesh Kharach in Gujarat and Harihar in Karnataka. The company is a global leader in viscose staple fibre (VSF) with 9% global share. Grasim has presence in the financial services business through its holding in Aditya Birla Capital Limited (ABCL).
Which is the subsidiary of Grasim Bhiwani Textiles?
Their textile subsidiary is Grasim Bhiwani Textiles Ltd. The company’s other subsidiaries include Sun God Trading and Investments Ltd Harish Cement Ltd and Dakshin Cements Ltd.The company is India’s pioneer in viscose staple fibre (VSF) a man-made biodegradable fibre with characteristics akin to cotton.