Grasim’s Managing Director Dilip Gaur said that, “Viscose is eating out of other fibre markets. Our domestic fibre business has grown by 22 per cent (annually) during the March 2018 quarter,” adding that the bulk of the growth in the textile business is expected to come from the company’s VSF business in the future. On a consolidated basis, Grasim Industries will invest more than Rs. 13, 327 cr in capex into its textile and cement businesses till financial year 2021. The company is expected to concentrate on its viscose staple fibre (VSF) business to register growth and expand its market in India.