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Grasim
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group. Grasim is the world's largest producer of viscose rayon fiber with about 24% market share. Textile and related products contribute to 15% of the group's turnover. History Grasim Industries Limited was incorporated in 1947. 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 ...
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NIFTY 50
The NIFTY 50 is a benchmark Indian stock market index In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the ... that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange of India, National Stock Exchange. It is one of the two main stock indices used in India, the other being the BSE SENSEX. Nifty 50 is owned and managed by NSE Indices (previously known as India Index Services & Products Limited), which is a wholly owned subsidiary of the NSE Strategic Investment Corporation Limited. NSE Indices had a marketing and licensing agreement with Standard & Poor's for co-branding equity indices until 2013. The Nifty 50 index was launched on 22 April 1996, and is one of the many stock indices of Nifty. The NIFTY 50 index has shaped up to ...
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Nagda
Nagda is an industrial town in Ujjain district of the Indian state of Madhya Pradesh. It lies in the administrative headquarters of the city of Ujjain, in the Malwa region of western Madhya Pradesh. It is situated on the bank of the Chambal River. Presently, Nagda is a major industrial town with a manufacturing unit of Viscose Fibre, a Thermal Power Plant, and a Chemical Plant. Nagda is a major ISO granted Railway Junction on the Delhi–Mumbai railway line. The town is exactly 694 km from both Delhi and Mumbai. Before Nagda was an industrial town, its location near the Chambal with ample land available, along with its location between two of India's biggest markets (Delhi and Mumbai) attracted Ghanshyam Das Birla to set up a major facility. Today Grasim's industrial unit at Nagda is the largest manufacturer of Viscose staple fibre in Asia and coloured fibre in the world. Etymology The name of the town was actually ''nag-dah'' which means cremation/burning (''dah'') of snake ...
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Aditya Birla Group
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom. History It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea. The company is majorly engaged in the business of non-ferrous metals, viscose filament yarn, viscose staple fiber, cement, fertilizers, chemicals, branded apparel, carbon black, sponge ...
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Aditya Birla Capital
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom. History It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea. The company is majorly engaged in the business of non-ferrous metals, viscose filament yarn, viscose staple fiber, cement, fertilizers, chemicals, branded apparel, carbon black, sponge ...
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Mavoor
Mavoor is a town situated in Kozhikode district in Kerala, India. It is 19 km away from Kozhikode city. Etymology The former name of Mavur was Pulpparambu, or "hayfields" in Malayalam, as grass for thatching houses was stored in this town. (In Malayalam, ''pul'' means "grass/hay", and ''parampu'' means "field".) Geography Mavoor is 21 km east of Kozhikode city, beside the river Chaliyar. Grasim factory Until the 1960s, Mavoor was like any other village in Kerala. During the 1963s the industrial house of Birla established a factory named "' Gwalior Rayons'" (later renamed as Grasim) at Mavoor for producing pulp and fibre on 316 acres of land. An integrated township with schools, a hospital, and a police station also came up. The arrival of Gwalior Rayons caused a rapid change in the area. In 1985 Grasim shut down for three years. The disruption caused to the local economy was significant. 11 suicides in Mavoor were attributed to this. In 1988, the Gove ...
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Veraval
Veraval also known as Somnath is a municipality and the headquarters of Gir Somnath district in the Indian state of Gujarat. It is also known for the hub of fishing industries in India. Geography Veraval is located at . It has an average elevation of 0 metres (0 feet). History Veraval was founded in 13th or 14th century by Rao Veravalji Vadher, a Rajput. Present name is believed to be derived from its old name "Velakul" meaning Port City. Veraval was once a fortified port town of the royal family of Junagadh. It was a part of the Kingdom of Junagadh till 1947 when Junagadh was merged with India. The city still bears some remnants of the old Nawabi heritage, the Nawabi summer palace being among them. There are ruins of the old Nawabi fort and Nawabi Gates in and around the place. The old walls of the port are now ruined, but the impressive Junagadh gate and the Patan gate are still seen, but are in a very bad state. The Nawabi Palace with Gothic features which i ...
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Viscose Rayon
Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose fibers and films exist. Some imitate the feel and texture of natural fibers such as silk, wool, cotton, and linen. The types that resemble silk are often called artificial silk. The fibre is used to make textiles for clothing and other purposes. Rayon production involves solubilizing cellulose to allow turning the fibers into required form. Three common ways to solubilize are the cuprammonium process, not in use today, using ammoniacal solutions of copper salts; the viscose process, the most common today, using alkali and carbon sulfide; and the Lyocell process, using amine oxide. The last avoids the neurotoxic carbon sulfide of the viscose process but is also more expensive. Rayon and its variants Rayon is produced by dissolving ce ...
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Viscose
Rayon is a semi-synthetic fiber, made from natural sources of regenerated cellulose, such as wood and related agricultural products. It has the same molecular structure as cellulose. It is also called viscose. Many types and grades of viscose fibers and films exist. Some imitate the feel and texture of natural fibers such as silk, wool, cotton, and linen. The types that resemble silk are often called artificial silk. The fibre is used to make textiles for clothing and other purposes. Rayon production involves solubilizing cellulose to allow turning the fibers into required form. Three common ways to solubilize are the cuprammonium process, not in use today, using ammoniacal solutions of copper salts; the viscose process, the most common today, using alkali and carbon sulfide; and the Lyocell process, using amine oxide. The last avoids the neurotoxic carbon sulfide of the viscose process but is also more expensive. Rayon and its variants Rayon is produced by dissolving cell ...
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Kumar Mangalam Birla
Kumar Mangalam Birla (born 14 June 1967) is an Indian billionaire industrialist, philanthropist, Chartered Accountant and the chairman of the Aditya Birla Group, one of the largest global conglomerates in India. He is also the chancellor of the Birla Institute of Technology & Science, Pilani and Chairman of Indian Institute of Management Ahmedabad. According to Forbes, he has an estimated net worth of US$14 billion, as of 1 October 2022. Birla took over as chairman of the Aditya Birla Group in 1995, at the age of 28, following the death of his father Aditya Vikram Birla. During his tenure as chairman, the group's annual turnover has increased from US$2 Billion in 1995 to US$45 billion in 2021. Today, the group is present in 36 countries across six continents with over 50% of its revenues coming from overseas operations. Early life and education A fourth generation member of the Birla Family from Rajasthan, Kumar Birla was born in Kolkata and grew up in a joint family in Mumb ...
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Gwalior
Gwalior() is a major city in the central Indian state of Madhya Pradesh; it lies in northern part of Madhya Pradesh and is one of the Counter-magnet cities. Located south of Delhi, the capital city of India, from Agra and from Bhopal, the state capital, Gwalior occupies a strategic location in the Gird region of India. The historic city and its fortress have been ruled by several historic Indian kingdoms. From the Kachchhapaghatas in the 10th century, Tomars in the 13th century, it was passed on to the Mughal Empire, then to the Maratha in 1754, and the Scindia dynasty of Maratha Empire in the 18th century. In April 2021, It was found that Gwalior had the best air quality index (AQI 152) amongst the 4 major cities in Madhya Pradesh. Besides being the administrative headquarters of Gwalior district and Gwalior division, Gwalior has many administrative offices of the Chambal division of northern Madhya Pradesh. Several administrative and judicial organisations, commission ...
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Harihar
Harihara ( also called ''Harihar'') is a city in Davanagere District in the Indian state of Karnataka. It is the administrative headquarters of the Harihara Taluk. Harihara is famous for Harihareshwara temple, also known as "Dakshina Kashi", and as the "Industrial Hub of central Karnataka." Harihara is situated on the banks of the Tungabhadra River, 275 kilometres north of Bangalore. Harihar and Davangere (14 km away) are referred as "twin cities". Harihar is connected by road and railway, and is located on national Highway 4 ( Puna – Bangalore). It has a very pleasant climate year round. The major lifeline of this city is the Tungabhadra river, which is being exploited and polluted as a result of heavy industrialization. History Harihara (or ''Hari-hara'') is a syncretic deity in Hinduism, combining the two major gods Vishnu(Hari) and Shiva (Hara). Images of Harihara (also known as Sambhu-Visnu and Sankara-Narayana, variants of the names of the two gods) began to app ...
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Larsen & Toubro
Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai. The company is counted among world's top five construction companies. It was founded by Henning Holck-Larsen and Søren Kristian Toubro, who were two Danish engineers taking refuge in India. As of 2020, L&T Group comprises 118 subsidiaries, 6 associates, 25 joint-venture and 35 joint operations companies, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services. History Larsen & Toubro originated from a company founded in 1946 in Bombay by two Danish engineers, Henning Holck-Larsen and Søren Kristian Toubro. The company began as a representative of Danish manufacturers of dairy and allied equipment. However, with the start of the Second World ...
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