Grasim Industries Limited is a global leader in viscose staple fibre and ranks among
India's largest private sector companies with a consolidated net revenue
of Rs.293 billion and consolidated net profit of Rs.21 billion (FY 2014).
Starting as a textiles manufacturer in 1948, Grasim's businesses today comprise viscose staple fibre (VSF), cement, chemicals and textiles. Its core businesses are VSF and cement, which contribute over 90 per cent of its revenues and operating profits at a consolidated level.
The Aditya Birla Group is the world's largest producer of VSF, commanding a 19 per cent global share. Grasim, with an aggregate capacity of 454,425 TPA has a global share of 9 per cent.It is also the largest player in India in chlor alkali with caustic capacity of 452K TPA (which is used in the production of VSF) in India.
As a result of restructuring in FY 2010 and FY 2011, the cement business has been consolidated with Grasim's subsidiary, UltraTech Cement Limited. UltraTech has a capacity of 63.15 million TPA and is a leading cement player in India and eighth largest in the world.
Grasim has a strong presence in fabrics and synthetic yarns in India through its subsidiary, Grasim Bhiwani Textiles Limited, and is well known for its branded suitings, Grasim and Graviera, mainly in the polyester-cellulosic branded menswear. Its textile plants are located at Bhiwani (Haryana) and Malanpur (Madhya Pradesh).
A US $41 billion corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 120,000 employees, belonging to 42 different nationalities.
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