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What does grasim industries mean?
- Grasim Industries
- 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 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 is the world's largest producer of viscose rayon fiber with about 24% market share. Textile and related products contribute to 15% of the group's turnover.
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