Ques: Which two companies of Aditya Birla Group merged together in 2015?
Ans: Aditya Birla Chemicals and Grasim Industries.
Ques: Which Indian company is world’s largest producer of viscose rayon fiber?
Ans: Grasim Industries.
Aditya Birla Group firm Grasim Industries has decided to merge the INR 1,000-crore Aditya Birla Chemicals (India), or ABCIL, with itself. The aim of this merge is to unify similar business under one company and enhance the quality of existing portfolio of viscose staple fibre, caustic soda and allied chemicals in a standalone company.
About Grasim Industries
Grasim Industries Limited is an Indian building materials manufacturing company located in Mumbai, Maharashtra.
It was established in 1948 as a textile manufacturer. It’s an Aditya Birla Group Company. Grasim has later expanded into Viscose Staple Fiber (VSF), cement, sponge iron and chemicals.
Grasim Industries has a huge business and it operates over 40 companies in 12 countries on four continents. Aditya Birla Firm Grasim Industries is the world’s largest producer of viscose rayon fiber with about 24% market share. Textile and related products contributes to 15% of the group turnover.
Aditya Birla Chemicals is a leading manufacturer of bulk and specialty chemicals and viscose filament yarn. The business is spread across multiple manufacturing locations in four countries – India, Thailand, Germany and China.