Markets

Grasim to continue with planned VSF brownfield expansion as capacities set to reach pre-covid levels by Q4

MUMBAI: Aditya Birla Group’s flagship company Grasim Industries is going ahead with its Rs 3,523-crore viscose fibre business brownfield expansion in Gujarat, albeit with revised timelines, after having attained 75 per cent capacity utilisation levels in the June quarter. “The company’s Capex plan for FY21 has been calibrated to Rs. 1,615 crore as of now. […]