INDIA: Grasim To Launch New Fabrics In Growth Bid
Diversified company Grasim Industries Ltd, the flagship division of the Aditya Birla Group, is to launch a range of new fabrics in a bid to grow its market share by three per cent this year. The textiles division currently contributes almost 20 per cent of Grasim Industries' turnover and has a 14-15 per cent share of the country's synthetics market.