Maschinenfabrik Reinhausen and Grasim will form JVC Aditya Birla Power Composites Ltd

Grasim Industries Limited (“Grasim”) signed a definitive agreement to form a Joint Venture Company (JVC) in India with Maschinenfabrik Reinhausen GmbH (“MR”) of Germany for the manufacturing and sale of Composite Hollow Core Insulators (“CHCI”) to serve the Power Transmission and Distribution industry globally. The JVC, Aditya Birla Power Composites…