Reported 11 months ago
Indian billionaire Kumar Mangalam Birla is investing $50 million to expand his Aditya Birla Group's presence in North America by constructing a new chemical plant in Beaumont, Texas. The plant, situated in the US oil-refining region, will cover 35 acres and focus on producing epoxies, along with hosting research and development facilities. Aditya Birla touts itself as the largest Indian investor in the US with over $15 billion in assets. This project signifies their commitment to growing their operations in the country.
Source: YAHOO