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Grasim was incorporated on 25 August 1947, just 10 days after India became independent, manufacturing textiles made from imported raw materials. It is now a global leader in viscose staple fibre (VSF), the country's largest merchant producer of sponge iron and the second-largest caustic soda maker in India; and poised to be India's largest cement manufacturer.

milestones | recent accolades

Milestones

2014 | 2013 | 2012 | 2011 | 2009 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 1998 | 1996 | 1995 |1985 | 1972 | 1963 | 1954 | 1950 | 1947

2014
:: Grasim’s state-of-the-art VSF plant is commissioned at Vilayat, Gujarat.

2013
:: Caustic soda and Epoxy plant commissioned at Vilayat.

2012
:: Acquires AV Terrace Bay Inc. in Canada in JV with Thai Rayon.

2011
:: Acquires stake in Domsjö Fabriker AB.

2009
:: Grasim hives off its sponge iron business by way of slump sale.

2006
:: Forms joint venture company Birla Jingwei Fibres Company Limited and acquires VSF plant in China.

2005
:: Acquired St. Anne Nackawic Pulp Mill, Canada with Tembec Inc.

2004
:: Grasim acquires controlling stake in UltraTech.

2003

:: Board of Larsen & Toubro (L&T) decides to de-merge cement business into separate company, UltraTech CemCo Limited, now UltraTech Cement Limited.

2002
:: Grasim divests Gwalior textiles unit. Textile operations consolidated at Bhiwani to manufacture ‘Grasim’ and ‘Graviera’ brands.

2001
:: Consultancy and software services spun off into separate entity, Birla Technologies Limited.
::

Grasim acquires 10 per cent stake in L&T.


1998
:: Atholville Pulp Mill at Canada acquired – a joint venture with Tembec Inc.

1996
:: First phase of VSF plant is commissioned at Kharach (Gujarat).
1995
:: Vikram Woollens spinning unit at Malanpur (Madhya Pradesh) set up.

1985
:: Vikram Cement – Grasim’s first cement plant – goes on stream at Jawad (Madhya Pradesh).

1972
:: VSF and pulp plants at Harihar (Karnataka) based on in-house engineering.
:: Nagda begins production of rayon- grade caustic soda for VSF production.

 
1963
:: Composite textile mill set up at Bhiwani (Haryana)

1954
::

VSF production commences at Nagda (Madhya Pradesh).


1950
:: Production of fabric begins at Gwalior with imported rayon

1947
:: Grasim Industries incorporated.

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Acquisitions and restructuring

2011 | 2010 | 2009 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 1998

2011
:: Acquired stake in Domsjö Fabriker AB

2010
:: Consolidation of the cement business under UltraTech Cement Limited

2009
:: Grasim hives off its sponge iron business by way of slump sale

2007
:: Grasim divests Shree Digvijay Cement Company Limited.
:: Textile units at Bhiwani transferred to a subsidiary, Grasim Bhiwani Textiles Limited.

2006
::

Formed joint venture company, Birla Jingwei Fibre Company Ltd. and acquired VSF plant in China.


2005
::

Acquired St. Anne Nackawic Pulp Mill, Canada with Tembec Inc.


2004
:: Completion of the implementation process to de-merge the cement business of L&T and completion of open offer by Grasim, with the latter acquiring controlling stake in the newly formed company UltraTech.
:: UltraTech Board reconstituted with Mr Kumar Mangalam Birla taking over as Chairman.
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2003
::

The board of engineering major, Larsen & Toubro Ltd (L&T) decides to de-merge its cement business into a separate cement company, UltraTech CemCo Ltd., now UltraTech Cement Ltd.


2002
:: Grasim divests Gwalior textiles unit. Textile operations consolidated at Bhiwani to manufacture Grasim and Graviera brands.
::

Merger of Dharani Cements Limited in Grasim Industries Limited.


2001
::

Consultancy and software services spun off; becomes separate entity, Birla Technologies Limited.

:: Grasim acquires 10 per cent stake in L&T. Subsequently increases stake to 15.3 per cent by October 2002.

1998
:: Atholville Pulp Mill at Canada – a joint venture with Tembec Inc.
:: Acquired Dharani Cement Limited.
:: Acquired Shree Digvijay Cement Company Limited.
:: The cement business of Group company, Indian Rayon and Industries Ltd transferred to Grasim.

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Recent accolades
:: Forbes magazine ranks Grasim among the fabulous 50 companies in Asia.
:: Ranked second for Best Corporate Governance Practices in Asia-Pacific by IR Global Rankings. Also ranked best company in Corporate Governance Practices in Basic Materials Industry, globally.
:: Ranked as the Best Investor Relations Company — Building Materials in Asia by Institutional Investors Magazine.
:: The CII - Leadership and Excellence Award in Safety, Health and Environment presented to Staple Fibre Division, Nagda.
::

The Asian Corporate Social Responsibility Award presented to Staple Fibre Division, Nagda.

:: The 2004 Stockholm Industry Water Award presented to Staple Fibre Division, Nagda.
::

The Deming Quality Award presented to Birla Cellulosic, Kharach.

:: The IMC Ramkrishna Bajaj National Quality Award presented to Birla Cellulosic, Kharach.
:: Golden Peacock Environment Management Award presented to the VSF unit at Harihar.
:: Global Cement Award for lowest injury incidence rate presented to Grasim South, Reddipalayam.
:: National Award for Quality Excellence in Indian Cement Industry presented to Grasim Cement, Raipur.
:: National Award for Electric Energy Excellence in Indian Cement Industry presented to Vikram Cement, Jawad.

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