Aditya Birla Group to Invest $50 Million in US Manufacturing and R&D Facility
MUMBAI: Aditya Birla Group is gearing up to make a significant mark in the Americas with an investment of $50 million in setting up a manufacturing and research & development facility for its chemicals business in the United States. The conglomerate has secured land in Beaumont, Texas to kickstart the first phase of this groundbreaking project. The investment will be facilitated through Aditya Birla Chemicals (Thailand).
Speaking on this strategic move, Aditya Birla Group chairman Kumar Mangalam Birla stated, “This represents a significant expansion of our ambitions in the Americas and a continuation of our strategy to apply our deep manufacturing expertise in new markets.”
With this new venture, the Aditya Birla Group aims to further solidify its presence in the global market and leverage its manufacturing prowess to drive growth in new territories.
