India's Grasim Industries Ventures into Paints Business With $671 Million Investment

NEW DELHI--July 9, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Grasim Industries Limited (Nagda, India) plans to enter the decorative paints business. Part of the Aditya Birla Group (Mumbai, India), the producer of viscose staple fiber, chlor-alkali chemicals and insulators says it will spend $671 million during the next three years to set up five paint-manufacturing plants.