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The Economic Times

Grasim to invest Rs 3,094 crore to expand Lyocell capacity in Karnataka

Grasim Karnataka Grasim Industries Harihar Kumar Mangalam Birla India

New Delhi, Grasim Industries Ltd, the flagship company of the Aditya Birla Group, on Monday said it will invest Rs 3,094 crore on expansion of its Lyocell capacity at Harihar, Karnataka, under phase II.

The Board of Directors of Grasim Industries, a global leader in cellulosic fibres in a meeting on Monday, approved a capex of Rs 3,094 crore to expand Lyocell capacity at Harihar, Karnataka.

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