"We are in process of investing around Rs 1,000 crore for expanding capacities in our group companies," B K Birla, group chairman said in Kolkata on Thursday.
Major expansions plans in the pipeline are for Century Enka, Century Textiles and Kesoram Industries.
According to available information, Kesoram would be investing between Rs 400 crore (Rs 4 billion) and Rs 425 crore (Rs 4.25 billion) to increase the cement manufacturing capacity by 16.5 lakh MT to take it up to 45.5 lakh MT per annum.
Investment in Century Textiles is estimated at Rs 650 crore (Rs 6.5 billion), while, in Century Enka, the proposed investment in the pipeline is to the tune of Rs 160-165 crore (Rs 1.6billion) to 1.65 billion).
Collating the major investments in all three companies, the total investment would be around Rs 1200 crore (Rs 12 billion).
When asked about the untangling of cross-holdings of Pilani Investment, Birla said, "there had been no progress yet in that regard and it will happen at an appropriate time."
He denied that there were any hurdles in the process of restructuring of holding of Pilani.