To be a part of the 5G Value Chain and play a role in “Digital India.”
The new plant at Silvassa, with a capacity of 1 million kilometres, is among the largest of such facilities for FRP rods in the country to cater to the domestic and export markets
Mumbai (Maharashtra) [India], October 21: Runaya, one of India’s fastest-growing manufacturing start-ups, recently announced that its state of the art plant for the manufacturing of FRP (Fiber Reinforced Plastic) rods at Silvassa has started commercial production. The plant has a capacity to produce 1 million kilometres of FRP rods per year, building an Atmanirbhar Bharat as a significant portion of the demand is currently met through imports. Apart from meeting the domestic demand, Runaya will also cater to major Global OEMs (Original Equipment Manufacturers) and produce locally for the global market.
Runaya is targeting revenue of INR 100 crores for the FRP plant at the current full capacity and plans to double the capacity of the plant in the next year. Runaya has a commitment to Innovation and has set up an Innovation Centre at the plant to explore new products and applications that can benefit its customers. This expansion will primarily cater to value-added technological products such as ARP (Aramid-Reinforced Plastic) Rods, Flat FRP Rods and Rough FRP Rods.
Through the current facility, Runaya has been able to create significant direct employment as well as indirect employment in related industries. There is also a strong commitment to building a diverse and inclusive workforce, with over 65% of the workforce being women.
FRP Rods are an integral component of the telecommunications industry used to provide structural strength and protection to Optical Fiber Cables (OFC). The requirement and demand for FRP rods is expected to increase significantly with the advent of 5G technologies and its penetration and expansion in India. In line with global standards, Runaya has been able to secure the relevant product and system certifications for the plant within a short span of time.
Speaking on the commissioning of the plant, Naivedya Agarwal, Co-Founder, Runaya said, “At Runaya, we want to be at the forefront of manufacturing premium products through highly innovative processes, and advanced technologies and the FRP rods are another steps in that direction. The 5G technology rollout will accelerate the demand for Fiber Optic Cables, and we expect a huge market and demand for our product. We also see immense potential in the alternative use of FRP in other sectors like energy, automotive and construction, replacing conventional materials.”
About Runaya:
Runaya’s vision is to deploy cutting edge technology to enable innovation, sustainability and efficiency improvement in the natural resources industry. Founded by Naivedya and Annanya Agarwal (sons of Vedanta Limited Vice-Chairman Navin Agarwal), the key focus is on executing projects that enable a circular economy and promote the concept of waste to wealth. In addition to ground support products, Runaya’s portfolio includes sustainability solutions for the aluminium industry, minor metals recovery, gas atomized metallurgical powders and other semi-finished products for the telecommunication cable and steel industries.
Only a smiling visitor here to share the love (:, btw outstanding style and design. “He profits most who serves best.” by Arthur F. Sheldon.
Real informative and fantastic body structure of articles, now that’s user pleasant (:.
Utterly indited subject matter, appreciate it for selective information.
Great website. Lots of useful info here. I’m sending it to several friends ans also sharing in delicious. And certainly, thanks for your sweat!
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?
I don’t even know how I ended up here, but I thought this post was good. I don’t know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!
I just couldn’t depart your web site before suggesting that I actually enjoyed the standard information a person provide for your visitors? Is gonna be back often in order to check up on new posts
Thank you for each of your hard work on this web site. Ellie take interest in engaging in research and it’s really easy to understand why. We know all relating to the dynamic way you render practical strategies through the web blog and even attract contribution from visitors about this content plus my princess is actually studying a great deal. Have fun with the rest of the new year. You are doing a pretty cool job.
I keep listening to the newscast speak about getting free online grant applications so I have been looking around for the top site to get one. Could you advise me please, where could i find some?
Very informative and fantastic structure of articles, now that’s user friendly (:.
Hi, i think that i saw you visited my blog thus i came to “return the favor”.I am trying to find things to improve my web site!I suppose its ok to use a few of your ideas!!
It¦s actually a nice and helpful piece of info. I am happy that you shared this useful information with us. Please stay us up to date like this. Thanks for sharing.
What’s Going down i’m new to this, I stumbled upon this I have discovered It positively helpful and it has helped me out loads. I’m hoping to contribute & aid different users like its aided me. Great job.
Hey there! I could have sworn I’ve been to this blog before but after browsing through some of the post I realized it’s new to me. Anyways, I’m definitely delighted I found it and I’ll be book-marking and checking back often!
You are a very bright person!
Respect to article author, some good information .
You have remarked very interesting points! ps decent web site.
Hi, Neat post. There’s a problem with your site in internet explorer, would check this… IE still is the market leader and a huge portion of people will miss your fantastic writing because of this problem.
An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!
I am so happy to read this. This is the type of manual that needs to be given and not the accidental misinformation that’s at the other blogs. Appreciate your sharing this greatest doc.
Excellent website. Plenty of useful info here. I am sending it to several pals ans additionally sharing in delicious. And obviously, thank you for your effort!
I’m still learning from you, as I’m improving myself. I definitely enjoy reading everything that is posted on your blog.Keep the stories coming. I loved it!