The global natural fibers market is projected to grow from $5.3 billion in 2025 to $8.1 billion by 2034, at a CAGR of 7.4% from 2025 to 2034. The market is driven by the increasing demand for eco-friendly and sustainable fabrics, recycled and organic textiles, and government regulations on synthetic fibers. The report by USD Analytics provides an in-depth analysis of the market, covering the current and future trends, growth patterns, and business strategies for the stakeholders.

The report highlights the key players in the natural fibers market, including Lenzing, Aditya Birla Group, DuPont, Grasim Industries, China National Cotton Group, Woolmark, Aquafil, Thai Acrylic Fiber, Toray Industries, Sateri, and Coats Group. The market is segmented by fiber (cotton, wool, flax, silk, jute, hemp, sisal, and kenaf), distribution channel (manufacturers, distributors, wholesalers, retailers, and others), and application (clothing, furnishing, industrial, and others).

The report also analyzes the market by region, including the Middle East and Africa, North America, South America, Europe, and Asia-Pacific. The global natural fibers market is expected to witness significant growth in the coming years, driven by the increasing demand for sustainable and eco-friendly products.

The report provides a comprehensive overview of the market, covering the key points such as market size, trend, and forecast to 2034. It also provides information on the major highlights of the report, including the market drivers, trends, challenges, and major highlights of the report. The report also includes the market analysis, production, revenue (value), and price trend by type (cotton, wool, silk, hemp, jute, linen), application (textiles, home furnishings, industrial applications), and manufacturer’s profiles/analysis.

The report is a valuable resource for managers, analysts, industry experts, and other key individuals to access market trends, growth drivers, opportunities, and upcoming challenges in the natural fibers market.

Grasim Industries, an Indian conglomerate with a diverse portfolio of businesses, has successfully redeemed all of its outstanding commercial papers worth INR4 billion (approximately USD 55 million) at their maturity. This announcement comes as a testament to the company’s strong financial health and commitment to its debt obligations.

As reported by Marketscreener.com, Grasim Industries had issued the commercial papers as a short-term debt instrument with a tenure of 90 days. The company’s decision to fully redeem the papers at maturity reflects its ability to manage its debt and adhere to the agreed-upon repayment terms.

Commercial papers are a popular instrument used by corporates to raise short-term financing, and they are often issued at competitive rates compared to traditional bank borrowings. In this case, Grasim Industries opted to issue the commercial papers in the domestic market, tapping into the abundant liquidity and strong investor demand in India.

The successful full redemption of the commercial papers at maturity is seen as a positive sign for the company, indicating that Grasim Industries is well-equipped to manage its finances and meet its short-term obligations. This strategy also helps the company to maintain a stable debt profile, reduce its dependence on long-term debt, and increase its liquidity.

In addition to the redemption of the commercial papers, Grasim Industries has been focusing on growing its core businesses, including its cement, textiles, and chemicals divisions. The company has been exploring new market opportunities through strategic acquisitions and expansions, which has helped it maintain its market leadership in various sectors.

Furthermore, Grasim Industries has been commended for its commitment to corporate governance, sustainability, and social responsibility. The company has a strong track record of transparency and disclosure, ensuring that its stakeholders are informed about its financial performance, business strategies, and social initiatives.

In conclusion, Grasim Industries’ successful full redemption of its commercial papers at maturity reflects the company’s robust financial management and commitment to its debt obligations. As a leading Indian conglomerate, Grasim Industries will continue to focus on its core businesses, explore new opportunities, and prioritize sustainable growth and social responsibility, making it an attractive investment option for investors seeking stable and growing returns.

A minor safety incident at the Grasim Industries plant in Karwar, Karnataka, has led to the suspension of operations at the facility. According to reports, a gas leak at the plant caused 19 workers to fall ill. The exact cause of the leak is not specified, but it is believed to have been a minor incident. As a precautionary measure, the plant has been temporarily shut down to ensure the safety of the employees and the surrounding community. Local residents have also staged a protest to show their concern and demand better working conditions. The authorities are investigating the incident to determine the cause of the leak and to prevent such incidents in the future. The plant is a major employer in the region, and any disruption to production can have serious economic implications. The suspension of operations is a prudent measure to ensure safety, even if it is temporary.

Nineteen workers at a Grasim Industries unit in Karwar, Karnataka, were hospitalized on January 11 after a chemical gas leak caused them to fall ill. The majority of the workers were from Bihar and Uttar Pradesh. The gas leak, attributed to a leak of chlorine gas, caused 14 workers to be taken to the Karwar Institute of Medical Sciences due to symptoms such as burning eyes and breathing difficulties. Five others were treated on-site. Angry locals and workers’ unions staged protests, accusing the company of poor safety standards and cover-ups. Protesters alleged that the company’s siren, which should have warned of danger, was not sounded, putting nearby schools, colleges, and houses at risk. Residents are demanding that the plant be shut down until a safety audit is conducted and it is cleared for use, as well as the registration of a case against those responsible for the gas leak.

The Regional Provident Fund Commissioner, Ranchi has imposed a penalty of ₹ 2,56,99,858 on Grasim Industries Limited’s Chemical Division Unit at Rehla. The penalty was imposed due to a delay in transferring accumulated provident fund balances of employees from a trust to the Employee’s Provident Fund Organization (EPFO) on the amalgamation of Aditya Birla Chemicals (India) Limited with Grasim Industries Limited. An appeal has been filed against the order. Grasim Industries Limited received the order on October 14, 2024, and apologizes for the unintentional delay in reporting the issue to the stock exchange. The company had to disclose the penalty to the exchange under regulations.

The article “Buy, Sell Or Hold: BSE, Zomato, Grasim, Tata Motors, Axis Bank, Hyundai, ICICI Bank—Ask Profit” provides stock recommendations for seven Indian companies listed on the NSE and BSE. Here’s a summary of the article:

* Buy: BSE (Sensex), Grasim Industries, and Tata Motors are recommended for a potential upside. BSE’s stock price is expected to rise due to its growth prospects and increasing market capitalization. Grasim Industries’ stock is recommended due to its strong performance in the cement sector, while Tata Motors’ stock is expected to benefit from its efforts to revive sales and improve profitability.
* Sell: Zomato’s stock is recommended to be sold due to concerns over its high valuation and increasing competition in the food delivery space.
* Hold: Axis Bank, Hyundai, and ICICI Bank are recommended to be held due to their stable performances and lack of significant growth prospects.

The article’s author, Ask Profit, provides technical and fundamental analysis to support their recommendations, but it’s essential for investors to do their own research and consider their risk tolerance before making any investment decisions.

Grasim Industries’ Board of Directors has approved the issuance of non-convertible debentures on a private placement basis, with a maximum amount of Rs. 2,000 crore to be issued in one or more tranches. This is to raise funds for the company’s operations and future growth.

Shakti Pumps (India) Limited has received a Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for a large order of 25,000 stand-alone off-grid DC solar photovoltaic water pumping systems (SPWPS) pumps. The total value of the order is approximately Rs. 754.30 crores, and the company has 60 days to complete the execution of the order.

This news highlights two significant developments in the Indian business space. Grasim Industries is seeking to raise funds through the issue of non-convertible debentures, while Shakti Pumps India has secured a major order from MSEDCL for their innovative solar-powered water pumping systems.