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Grasim receives approval for Rs.2,560 crore expansion project

Grasim Industries has received approval for expanding the production of man made fibre Viscose Staple Fibre (VSF) at Bharuch, Gujarat which requires an investment of Rs.2,560 crore.

Currently, the company has 4 VSF plants in India, out of which 2 are situated in Gujarat, one each in Kharach and Vilayat in Bharuch district. According to the proposal, company’s Grasim Cellulosic Division wants to expand its Vilayat plant.

The Union environment ministry, in a letter issued to Grasim stated that, it has given the environment clearance to the company’s proposal on expansion of Vilayat unit subject to compliance of certain conditions.

Further, the company proposes to increase the production capacity of VSF from 1,27,750 tonne per annum (TPA) to 2,55,500 TPA.

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