Grasim Industries Announces ₹3,094 Crore Expansion to Boost Lyocell Production in Karnataka
Grasim Industries, the flagship company of the Aditya Birla Group, officially announced a capital expenditure of ₹3,094 crore on Wednesday to expand its Lyocell fiber production capacity in Vilayat, Karnataka. The project involves the addition of 1.10 lakh tonnes per annum (tpa) to its existing infrastructure, signaling a significant push by the Indian manufacturing giant…