Aditya Birla Group is planning to make an investment to the tune of Rs 4,000 crore in Andhra Pradesh.
The company intends to set up an integrated viscose staple fibre (VSF) complex. Moreover, the state government is ready to give 2,000 acre of land for setting up the project in Naidupeta at Nellore district.
Phase-I of the project will be completed in 24 months.