Grasim to invest Rs 3k cr in Lyocell Plant
Mumbai: Grasim Industries has approved a plan to spend ₹3,094 crore on the second phase of its Lyocell plant at Harihar in Karnataka.The first phase of this plant will have a capacity of 55,000 tonnes each year, while the second will add another 110,000 tonnes capacity.The under-construction first phase is set to be commissioned by mid-2027. The second phase will have two lines, with the first line set to be commissioned in 2028 and the second in 2030. "This investment...marks another significa…


