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Grasim Industries Announces ₹3,094 Crore Lyocell Expansion Plan

Summary by Elite Wealth
Grasim Industries has approved a ₹3,094 crore investment to expand its lyocell fibre manufacturing capacity at its Harihar facility in Karnataka. The project is a key part of the company’s strategy to become a global leader in sustainable textile fibres and increase its overall cellulosic fibre capacity beyond 1 million tonnes per annum (TPA) by 2030. Capacity Expansion Roadmap The expansion will be executed in phases at the Harihar plant. Phas…
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Elite Wealth broke the news on Wednesday, June 10, 2026.
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