Grasim Industries secures major investment from IFC for sustainable paint manufacturing
Grasim Industries Limited, a leading constituent of the Aditya Birla Group, has announced a groundbreaking investment from the International Finance Corporation (IFC), the World Bank Group’s private sector arm. The investment, totaling INR 1250 Crore (approximately $150 million), comes in the form of Non-Convertible Debentures (NCDs) dedicated to supporting Grasim’s foray into sustainable paint manufacturing. […]