Grasim Industries Ltd (Grasim) is a distributor, manufacturer, and marketer of construction materials. It is a producer of cellulosic fibers, diversified chemicals, fashion yarn, and fabrics. The company mainly manufactures and distributes caustic soda, paints, Cellulosic Staple Fibre (CSF), and Cellulosic Fashion Yarn (CFY). The company also offers financial services including non-bank financial services, life insurance services, asset management, housing finance, equity broking, wealth management, general insurance advisory, and health insurance. Grasim has 27 plants across India for various businesses including cellulosic fibers, chemicals, insulators, paints, and textiles.

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Grasim focuses on developing and commercializing differentiated premium and new products, improving competitive cost positions, product quality, and environmental sustainability. The company's R&D initiatives are supported by strategic collaborations with leading research and industry partners, enabling the exploration and development of innovative yarns, finishes, and fabric solutions. The R&D units of Grasim include the Aditya Birla Science and Technology Company Pvt. Ltd. (ABSTC), Pulp & Fibre Innovation Centre (PFIC), Performance Material Research Centre (PMRC), Fibre Research Centre (FRC), Textile Research Application and Development Centre (TRADC), Aditya Birla Water Application and Product Development Centre, Next Generation Fibre Research Centre (NGFRC), and Clonal Production Centre (CPC). Grasim has nine R&D centers and has applied for 79 cumulative patents. The company has a pipeline of projects addressing near- and mid-term needs and explores future opportunities. Major technology alliances include collaborations with global partners such as CEC, The Woolmark Company, Sanitized, Asahi Kasei, and other specialty fiber and chemical suppliers. In FY2026, the company spent INR1,842.0 million on R&D, which accounted for 0.1% of the company’s revenue.