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Grasim Industries

Grasim Industries
Leadership team

Mr. Hari Krishna Agarwal (MD & Additional Director)

Mr. Sailesh Kumar Daga (Company Sec. & Compliance Officer)

Ms. Hutokshi R. Wadia (Pres)

Products/ Services
Building Material, Manufacturing, Real Estate
Number of Employees
20,000 - 50,000
Headquarters
Nagda, Madhya Pradesh, India
Established
1947
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
NSE:GRASIM
Social Media
Overview
Location
Summary
Grasim Industries Limited operates in fibre, yarn, pulp, chemicals, textile, fertilizers, and insulators businesses in India and internationally. The company operates through Viscose, Chemicals, Cement, Financial Services, and Others segments. It provides viscose staple fiber, a man-made biodegradable fiber for use in apparels, home textiles, dress materials, knitted wear products, and non-woven applications; wood pulp products; viscose filament yarn, a natural fibre for manufacturing fabrics; and textile products, such as linen and wool. The company also offers various chemical products, including chlor-alkali and epoxy resin products; and fertilizers comprising neem-coated urea, soil and crop specific customised fertilizers, seeds, agrochemicals, and plant and soil health products under the Birla Shaktiman brand name. In addition, it provides electrical insulators for transmission lines and substations, as well as equipment and railways. Further, the company offers grey cement; white cement under the Birla White brand; ready mix concrete; and cement-based putty. Additionally, it provides various financial services comprising non-bank financial, life insurance, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance services. The company is also involved in solar power designing, engineering procurement, and commissioning business. Grasim Industries Limited was incorporated in 1947 and is based in Mumbai, India.
History

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 , Thai Sulphites and Chemicals Company Limited 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 .

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.

Mission
The mission of Grasim Industries is to enhance shareholder value through profitable growth of its businesses. It does this by creating world-class products and services; developing a conducive eco-system for employees and communities around; building presence in new markets and leveraging its deep-rooted relationships.
Vision
The vision of Grasim Industries is to become a respected global conglomerate by embracing innovation, empowering people and designing products and services that enhance people's lifestyle and provide consistently superior value to its customers.
Key Team

Mr. Pavan Kumar Jain ACS, B.Com., FCA (Chief Financial Officer)

Mr. Hemant K. Kadel B.Com., FCA (Sr. Pres of Corp. Fin. Division)

Mr. R. Manjunath B.Com. (Exec. Officer of Admin.)

Mr. Saugata Chakravarty (Chief Legal Officer)

Dr. Pragnya Ram (Group Exec. Pres of Corp. Communications & CSR)

Mr. Rajeev Gopal (Global Chief Sales & Marketing Officer and Group Exec. Pres of Pulp & Fibre Bus.)

Mr. Thomas Varghese B. Tech. (IIT, Delhi) (Bus. Head of Textiles Bus.)

Recognition and Awards
Grasim Industries has been honored with numerous awards and recognition which include Best Cement Manufacturing Company Award 2012, Technology Leadership Award 2014, Greentech Foundation Quality Award 2014 and Greentech Performance Award 2014.
References

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Grasim Industries
Leadership team

Mr. Hari Krishna Agarwal (MD & Additional Director)

Mr. Sailesh Kumar Daga (Company Sec. & Compliance Officer)

Ms. Hutokshi R. Wadia (Pres)

Products/ Services
Building Material, Manufacturing, Real Estate
Number of Employees
20,000 - 50,000
Headquarters
Nagda, Madhya Pradesh, India
Established
1947
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
NSE:GRASIM
Social Media