Grasim greenlights $323M Lyocell expansion at Harihar to feed apparel supply chains
Aditya Birla Group flagship Grasim Industries has approved a Rs 3,094 crore (US $323M) Phase II build-out at its Karnataka Lyocell fibre facility, adding 110,000 TPA of capacity aimed at apparel manufacturers shifting toward sustainable cellulosic fibres.
What happened
Grasim Industries, the Aditya Birla Group flagship, has approved a Rs 3,094 crore (US $323 million) investment to build Phase II of its Lyocell fibre facility
Key facts
- Rs 3,094 crore
- US $323 million
- 110,000 TPA
Why this matters
Track downstream apparel partnerships and offtake agreements emerging from Harihar Phase II—this scale shift creates JV and long-term sourcing opportunities with sustainability-focused brands.