Kesoram Industries Limited is an Indian industrial company which produces rayon and related products such as viscose rayon and filament yarn.[2] It was once part of the BK Birla Group.
History
Kesoram Industries Limited started its business as Kesoram Cotton Mills in 1919. After a partnership, the first rayon plant was built in 1959 under the name Kesoram Rayon. Shortly after the plant was built, the company also started the production of tires and cement under the brand name Birla Tyres and Birla Shakti Cement respectively. In 1986, another cement plant, known as Vasavadatta Cement, was commissioned by it at Sedam, Gulbarga district, Karnataka. The name of the company was changed to Kesoram Industries Limited on 9 July 1986. Since then, Kesoram Industries listed on four stock exchanges: the National Stock Exchange of India, the Bombay Stock Exchange, the Calcutta Stock Exchange, and the Bourse de Luxembourg.
Kesoram Industries entered into a joint venture with Maharashtra Seamless Limited and Dhariwal Infrastructure Private Limited in 2012 for working a coal block allocated to it by the Central Government in Maharashtra.[3]