Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals[2] and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group.
Grasim Industries Limited was incorporated in 1947.
Indo-Thai Synthetics Company Ltd was incorporated in 1969 in Thailand, started operations in 1970, this was Aditya Birla Group's first foray into international venture. Aditya Birla Group incorporated P.T. Elegant Textiles in 1973 in Indonesia. Thai Rayon incorporated in 1974, this was the second company in Thailand, operating in Viscose Rayon Staple Fiber. Century Textiles Co. Ltd. is taken over by Aditya Birla Group in 1974; this company is a weaving and dyeing plant manufacturing and exporting variety of synthetic fabrics. PT Sunrise Bumi Textiles incorporated in 1979, it produces yarn exported over 30 countries in 6 continents. P.T Indo Bharat Rayon incorporated in 1980 produces Viscose Staple Fiber in Indonesia. Thai Polyphosphates and Chemicals was started in 1984 in Thailand to produce Sodium Phosphates, and has merged with Thai Epoxy and Allied Products Company Limited (1992), Thai Sulphites and Chemicals Company Limited (1995) to form Aditya Birla Chemicals Ltd. This company supplies to sectors such as food, textiles, electrical and electronics, composites, leather, plastics and automobiles. PT Indo Liberty Textiles was incorporated in 1995 to manufacture synthetic spun yarn.
In 1985, the firm's activities in its Mavoor facility ran into controversies after it shut down, first temporarily and later on, permanently.
In late 1990s and later, the focus was the textile business following the end of Multi-Fiber Arrangement (MFA).
AV Cell Inc., a joint venture between Aditya Birla Group and Tembec, Canada, established operations in 1998 to produce softwood and hardwood pulp for the purpose of internal consumption among different units of the Group.
In 2012, Grasim Industries Ltd. and Tembec, Canada acquired AV Nackawic Inc., which produces dissolving pulp.
Listed subsidiaries
In 2004, Grasim acquired UltraTech Cement from Larsen & Toubro.[3] In 2010, Grasim demerged its cement subsidiary, Samruddhi Cement, which contributed 76% of the company's turnover in the previous financial year.[4] Later that year, Samruddhi Cement was merged into UltraTech Cement.[5]
In 2017, it demerged Aditya Birla Capital, its financial services arm, which included consumer finance, insurance and asset management divisions among others. After the demerger, Grasim continued to hold a 55% stake in Aditya Birla Capital.[6]
Grasim Industries Ltd. supplies Viscose Staple Fiber (VSF). The Group's VSF business operates through its three companies – Grasim Industries in India, Indo Bharat rayon in Indonesia, Thai Rayon Corporation in Thailand, which also oversees its Chinese operations at Birla Jingwei Fibres, China.
By 2021, Grasim industries, the flagship company of the global conglomerate Aditya Birla Group, entered the paints business with an investment of INR 5,000 crore over three years. Which was later increased to a capex of INR 10,000 crore over the same period of time thus trying to disrupt the market.
Rayon, also called viscose and commercialised in some countries as sabra silk or cactus silk, is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. Many types and grades of viscose fibers and films exist. Some imitate the feel and texture of natural fibers such as silk, wool, cotton, and linen. The types that resemble silk are often called artificial silk. It can be woven or knit to make textiles for clothing and other purposes.
Lyocell is a semi-synthetic fiber used to make textiles for clothing and other purposes. It is a form of regenerated cellulose made by dissolving pulp and dry jet-wet spinning. Unlike rayon made by the more common viscose processes, Lyocell production does not use carbon disulfide, which is toxic to workers and the environment. Lyocell was originally trademarked as Tencel in 1982.
The Lenzing Group is an international group with its headquarters in Lenzing, Austria, and production sites in all major markets. Lenzing produces wood-based viscose fibers, modal fibers, lyocell fibers and filament yarn, which are used in the textile industry — in clothing, home textiles and technical textiles — as well as in the nonwovens industry. In addition, the company is active in mechanical and plant engineering. The Lenzing Group markets its products under the brand names TENCEL, VEOCEL, LENZING ECOVERO and LENZING.
Birla Corporation Limited is an Indian-based company of the M.P Birla Group, founded by Ghanshyam Das Birla in the late 1910s and carried on by Madhav Prasad Birla.
The Aditya Birla Group (ABG) is an Indian multinational conglomerate, headquartered in Mumbai. The group has a presence in 36 nations and a combined annual revenue of US$75 billion, over 50% of which is derived from its overseas operations. The group's business interests include metals, cement, fashion and retail, financial services, renewables, fibre, textiles, chemicals, real estate, trading, mining, and entertainment.
Nagda is an industrial town in Ujjain district of the Indian state of Madhya Pradesh. It lies in the administrative headquarters of the city of Ujjain, in the Malwa region of western Madhya Pradesh. It is situated on the bank of the Chambal River.
Indo Gulf Fertilisers is an Indian company and a unit of Indorama India Pvt. Ltd. The company was previously under Aditya Birla Group, which divested the company to the Indian unit of Singaporean company Indorama Corporation. Indorama India Pvt Ltd took over the control of the India business in 2020. The company is located at Jagdishpur, near Lucknow in Uttar Pradesh.
Cordura is a collection of synthetic fiber-based fabric technologies used in a wide array of products including luggage, backpacks, trousers, military wear and performance apparel.
Kumar Mangalam Birla is an Indian billionaire industrialist, philanthropist, and the chairman of the Aditya Birla Group, one of the largest conglomerates in India. He is the chancellor of the Birla Institute of Technology & Science, Pilani and ex-chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$19.6 billion, as of March 2024 making him the 7th richest person in India.
Courtaulds was a United Kingdom-based manufacturer of fabric, clothing, artificial fibres, and chemicals. It was established in 1794 and became the world's leading man-made fibre production company before being broken up in 1990 into Courtaulds plc and Courtaulds Textiles Ltd.
Basant Kumar Birla was an Indian businessman of the Birla family. He was chairman of the Krishnarpan Charity Trust, BK Birla Institute of Engineering & Technology (BKBIET) and various educational trusts and institutes.
Aditya Vikram Birla was an Indian industrialist. Born into one of the largest business families of India, he oversaw the diversification of his group into textiles, petrochemicals and telecommunications. He was one of the first Indian industrialists to expand abroad, setting up plants in Southeast Asia, the Philippines and Egypt. His net worth was estimated at £250 million by 1995. His death at the age of 51 left his young son Kumar Mangalam Birla in charge of his group of companies.
Bamboo textile is any cloth, yarn or clothing made from bamboo fibres. While historically used only for structural elements, such as bustles and the ribs of corsets, in recent years different technologies have been developed that allow bamboo fibre to be used for a wide range of textile and fashion applications.
UltraTech Cement Limited is an Indian multinational cement company based in Mumbai. It is the largest manufacturer of grey cement, ready-mix concrete (RMC) and white cement in India and 5th largest around the globe with an installed capacity of 151.90 million tonnes per annum and 105.71 million tonnes per annum sales volume.
Sateri is a business division of Royal Golden Eagle (RGE). It is a manufacturer of viscose rayon.
Century Textile and Industries is an Indian textile and paper manufacturing and export company based in Mumbai. The main business activity involves manufacture of cotton textiles, yarn, denim, viscose filament rayon yarn, tire-cords, caustic soda, sulfuric acid, salt, pulp, and paper. The company also has a presence in the international textile markets and exports its products to more than 45 countries.
Oberbruch Industry Park, is a former 110-hectare (270-acre) site of Akzo Nobel in Heinsberg, Germany's most western district, near the Dutch border. It was founded in 1891 as a location for fiber industries. It is the birthplace of the German rayon and man-made fiber industry. Today, it is a diversified multi-user site, hosting companies from fields of industry such as high-performance fibers and energy technologies as well as from industrial biotechnology. Oberbruch Industry Park is the competency center for carbon (fiber) technology in North Rhine-Westphalia (NRW). Since 2000, the industry park has been operated by the Dutch energy company Nuon, the first independent industrial park operator not to come from the chemical industry. Since January 7, 2009 N.V. Nuon Energy has been part of Vattenfall.
Kesoram Industries Limited is one of the pioneer companies in India. It is under the flagship 'B K Birla Group Of Companies'. Its production ranges from tires to cement to rayon. According to ET500, its all-India ranking was 121 for the year 2010 with a net income of Rs. 5020.63 Crores and a net profit of Rs. 648.29 Crore. The company reported a net profit of Rs. 339.67 crore during the quarter of 2014–15 by selling a tyre plant to JK Tyres.
Vereinigte Glanzstoff-Fabriken was a German manufacturer of artificial fiber founded in 1899 that became one of the leading European producers of rayon.
J. P. Bemberg was a German rayon manufacturer that produced an unusually fine artificial fiber which became known as Bemberg®. J. P. Bemberg came under the control of Vereinigte Glanzstoff-Fabriken and eventually disappeared after a series of mergers and divestitures, but Bemberg™ rayon was still being produced in 2015 by Asahi in Japan,
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₹132,243 crore (US$17 billion) (2024) [1] 
₹9,926 crore (US$1.2 billion) (2024) [1] 
