Reliance Industries Ltd (RIL) has made a collaboration with Vardhaman Textiles Ltd, one of the biggest textile companies in India. Both the firms are going to manufacture innovation R|Elan fabric.

As a part of this engagement, RIL’s “R|Elan” technical team will work effectively with Vardhaman to develop a kind of new manufacturing processes to manufacture uniquely engineered R|Elan fabrics.

R|Elan is the modern-age fabric brand from Reliance, is constantly improving step by step after its partnership with Vardhman. The unique high-quality fabric collection will offer both performance and a wide range of themes for formals, casuals and women wear segments. R|Elan team will provide all the technical details, specifications and parameters to make sure that the best quality of fabric is being built.

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Suchita Jain, who is the joint managing director at Vardhaman said, “We see many exciting possibilities with R|Elan to create new fabric developments. Our strengths have always been rapid innovation and creating strong product ranges that are acceptable to brands, and Reliance is the perfect partner for our developments. The technical team at R|Elan is very supportive in enhancing our manufacturing prowess.”

Gunjan Sharma, Chief Marketing Officer – Polyester Division, RIL stated, “We are proud to be associated with the leading player Vardhman for R|Elan. We will work together to ensure the consumer’s growing demand for high-quality performance and sustainable apparel is met with R|Elan. This partnership further emphasises our focus on creating opportunities for entire textile value chain, including brands and apparel manufactures.”

RIL has also made a collaboration with 30+ firms which are already set to generate new-age fabrics using R|Elan technologies. The solid network of Hub Excellence Partners (HEP) will provide confidence to brands/ retailers for smooth production, timelines, and standard quality. All the partners will also get support for technical, commands and new product development needs, RIL stated in a press release.

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R|Elan items will provide users with next-generation fabrics which are aligned with the latest fashion trends along with satisfying their lifestyle needs. RIL main purpose is to provide consumers the kind of fabric in which they look wonderful not only outside but also inside.

Increase in the demand from China, drop in domestic prices and depreciation in the rupee has direct to India’s forward export contract of cotton more than doubled from the 7 lakh bales in September 2017. Even though the expected projections of tight supplies and a rise in the minimum support price (MSP) by the government, traders are expecting that the exports will increase in this financial year.

Atul Ganatra, president of Cotton Association of India said, “We have signed export contracts for 14-16 lakh bales (of 170 kg each). About 75% of these contracts are for export to China.” He added, “The 25% duty imposed by China on cotton imports from the USA will make Indian cotton more affordable to Chinese buyers.”

In the financial year 2017-18, India was not able to sign more contract due to unavailability of cotton. But, this year traders are excited because Indian cotton is cheapest in the global market and demand from China is increasing.

Ganatra anticipates that total exports of China to go up by 30-40 lakh bales this year, which is 3-4 times more than 8-9 bales in the last fiscal year.

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Bangladesh and Vietnam are the two other countries, who have signed agreements for Indian cotton. In November and December, Indian traders export maximum amount of cotton because it is the sole country where cotton is available at that time.

“In 2017-18, we had exported 10 lakh bales every month from November to January,” Manish Daga, director of CAI said.

Issues about the unreliability of yield due to late sowing in Gujarat, pest incidence in Maharashtra and Telangana, 2% decrease in the area sown under kharif crops and rise in the domestic consumption of cotton may limit exports. But, trades stated that the factors supporting in cotton exports are also more.

In India, cotton is presently priced at around Rs 48,000 per candy of 356kg each. The central government has raised the MSP for raw cotton seeds for 2018-19 by 28.1% year-on-year to Rs 5,150 per quintal.

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India has to give competition to Brazil, to get a huge share of Chinese demand. The US Agricultural department also hopes for Indian exports to increase in this fiscal year.

Atlas Copco is the leading provider of sustainable productivity solutions worldwide has completed 60 years in India. Atlas Copco produces innovative compressors, vacuum solutions, generators, pumps, power tools, and assembly systems. The firm offers its services to customers in India as well as other countries.

The Executive Committee of Atlas Copco (ECM) meets in India today as a part of its worldwide visit. The conferences in India showcase the collaborative steps taken by the company in sync along with the government’s ‘Make in India‘ move. India is a vital market for the company and it has continuously grown as well as invested in India.

In 2013, Atlas Copco declared an investment of Rs 100 crore on the manufacturing of industrial and portable compressors at Chakan the state-of-art green factory. Factory’s name is IGBC (Indian Green Building Gold Council) which is developed in agreement with LEED (Leadership in Environmental Energy and Design) best practices. Apart from this, the factory consists of ISO 50001 certificate for energy management since 2016, including three other certificates ISO 14001, OHSAS 18001, and ISO 9001.

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Atlas Copco Product Company is a leader in continuous manufacturing, offering constant improvements, similar to the establishment of solar cells on its rooftop in the beginning of this year. The plant is currently fully autonomous in electricity, powered at 80% with renewable energy. As per the details, the factory will now have 600 tons of carbon dioxide emissions yearly.

In order to initiate its Industry 4.0 vision, the firm has released Smart Connected Assembly Solutions. The firm produces a wide number of industrial products which are created on state-of-art technology. All the products provides a perfect solution for various factors such as flexible productivity, highest quality and safety standards, and efficiency.

Back in 2002, Atlas Copco developed an R&D centre at Global Engineering Center India Airpower (GECIA), Pune. The centre provides employment to 650+ highly-trained engineers which possess great knowledge of software tools, competency training, and extensive product knowledge.

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Before few months, Mats Rahmstorm met with PM Narendra Modi and also the Maharashtra CM Devendra Fadnavis in Stockholm to talk over the firm’s future plans in India.

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