The Aditya Birla Group in India has announced plans to expand its production facilities in the state of Gujarat, including cement, viscose staple fibre (VSF), metals and other segments, for INR 200 biullion (€2.71 billion/US$ 3.22 billion).
Chairman Kumar Mangalam Birla named the state as the group's preferred destination for investment due to its strong infrastructure.
Aditya Birla has invested INR 250 billion in Gujarat to date and reaps over INR 300 billion of revenue from it per annum.
