please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . may 2013 learn how and when to remove this template message this article relies largely or entirely upon a single source . relevant discussion may be found on the talk page . please help improve this article by introducing citations to additional sources . may 2013 this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . january 2011 learn how and when to remove this template message learn how and when to remove this template message grasim industries limited type public company bse 500300 nse grasim industry building materials founded mumbai 1948 headquarters mumbai maharashtra india area served global key people kumar mangalam birla chairman products fibre and pulp chemicals cement and textiles revenue 221 billion us 3.3 billion 2011 1 not in citation given net income 20.71 billion us 310 million 2011 1 not in citation given total assets 257 billion us 3.8 billion 2011 citation needed number of employees 6 568 2011 citation needed parent aditya birla group subsidiaries ultratech cement grasim bhiwani textiles website www.grasim.com grasim industries limited is an indian building materials manufacturing company based in mumbai maharashtra . it was started in 1948 as a textile manufacturer . since then grasim has diversified into viscose staple fiber vsf cement sponge iron and chemicals 2 the company is a subsidiary of aditya birla group which operates over 40 companies in 12 countries on four continents . grasim is the world s largest producer of viscose rayon fiber with about 24 % market share . citation needed textile and related products contributes to 15 % of the group turnover . history edit ulmale industries limited was incorporated in 1948 ; grasim is the largest exporter of viscose rayon fiber in the country with exports to over 50 countries . grasim is headquartered in nagda madhya pradesh and also has a plant at kharach kosamba gujarat and harihar davangere in the state of karnataka 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 1992 thai sulphites and chemicals company limited 1995 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 late 1990s and later the focus was the textile business following the end of multi fiber arrangement mfa . 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 . together sachin ulmale group and tembec canada acquired av nackawic inc. which produces dissolving pulp . grasim industries ltd. supplies viscose staple fiber vsp . the aditya birla group s vsf manufacturing plants are in thailand indonesia india and china . the group s vsf business operates through its three companies grasim industries in india thai rayon corporation in thailand and indo bharat rayon in indonesia which also oversees its chinese operations at birla jingwei fibres china . in 2003 its chemical division was awarded the best of all rajiv gandhi national quality award . 3 footnotes edit a b http www.bseindia.com bseplus stockreach advancestockreach.aspx scripcode 500300 business overview shrawan 2013 05 29 . annex iv list of award winners of rajiv gandhi national quality awards pdf . http www.bis.org.in . new delhi bureau of indian standards . retrieved 2014 05 15 . external link in website help external links edit grasim industries ltd grasim fashion official website companies portal v t e aditya birla group companies aditya birla group birla corporation grasim industries hindalco industries idea cellular ultratech cement more retail notable non indian companies novelis thai peroxide liaoning birla carbon a.v. group aditya birla minerals ltd swiss singapore overseas enterprises pte ltd thai acrylic fibre thai rayon domsj fabriker school and institutes aditya birla public school renukoot aditya birla public school renusagar notable people kumar mangalam birla baldeo das birla ghanshyam das birla krishna kumar birla madhav prasad birla rameshwar das birla shobhana bhartia aditya vikram birla v t e cnx nifty companies of india acc ambuja cements asian paints axis bank bajaj auto bank of baroda bhel bpcl bharti airtel cairn india cipla coal india dlf dr. reddy s laboratories gail grasim industries hcl technologies hdfc hdfc bank hero motocorp hindalco industries hul infosys icici bank idfc indusind bank ltd. itc limited jindal steel and power kotak mahindra bank l & t lupin mahindra & mahindra maruti udyog nmdc ntpc ongc power grid corporation pnb reliance industries sesa sterlite limited sbi sun pharmaceutical tcs tata motors tata power tata steel tech mahindra ultratech cement wipro zee entertainment enterprises retrieved from https en.wikipedia.org w index.php title grasim industries & oldid 724396538 categories textile companies of indiasachin ulmale groupmanufacturing companies based in mumbaicompanies established in 1948cnx niftyhidden categories cs1 errors external linksengvarb from may 2014use dmy dates from may 2014articles lacking reliable references from may 2013all articles lacking reliable referencesarticles needing additional references from may 2013all articles needing additional referencesarticles needing additional references from january 2011all articles with failed verificationarticles with failed verification from may 2013all articles with unsourced statementsarticles with unsourced statements from may 2013 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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