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.”
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.
20 thoughts on “Runaya Announces Commencement of Operations of Its FRP Rod Plant”
59927 370135I really dont accept this particular post. Nonetheless, I had searched with Google and Ive found out that youre appropriate and I had been thinking within the improper way. Keep on creating top quality material similar to this. 313941
650205 313737Great day! Do you know if they make any plugins to protect against hackers? Im kinda paranoid about losing everything Ive worked hard on. Any suggestions? 961469
571025 519017What a lovely blog. I will definitely be back. Please maintain writing! 141258
431815 284149one of the finest system I know, thank you very a lot . 515675
340939 346806After study several of the weblog articles for your internet internet site now, and i also genuinely such as your strategy for blogging. I bookmarked it to my bookmark internet website list and are checking back soon. Pls take a appear at my web page in addition and tell me what you believe. 528949
441722 942064I appreciate your work , thanks for all of the informative weblog posts. 704859
824826 142590Hey there! Wonderful stuff, please do tell us when you post once more something related! 645469
523659 351311Valuable details. Fortunate me I discovered your web internet site by chance, and Im surprised why this twist of fate didnt happened earlier! I bookmarked it. 769290
92296 83290It is rare knowledgeable folks within this subject, nevertheless, you appear like theres much more youre talking about! Thanks 473308
490493 746453The Twitter application page will open. This really is great if youve got some thousand followers, but as you get a lot more and more the usefulness of this tool is downgraded. 300667
413992 183716My plate is real full and your tryna give me more food, boy what the fuck is wrong wit you?!|guruisthebomb| 494284
637581 998301 There are some fascinating points in time in this post but I dont know if I see all of them center to heart. There is some validity but I will take hold opinion until I look into it further. Very good article , thanks and we want a lot more! Added to FeedBurner as well 497771
63058 361341Thanks for the info. And a response from you. car dealers hips san jose 687863
917643 735851Keep up the wonderful piece of work, I read couple of posts on this internet internet site and I feel that your blog is genuinely intriguing and holds bands of amazing details. 672007
193736 866315A extremely informationrmative post and lots of really honest and forthright comments created! This surely got me thinking a great deal about this problem so cheers a whole lot for dropping! 250754
283153 632357whoah this blog is fantastic i really like studying your posts. 247461
574237 265935Fairly uncommon. Is likely to appreciate it for individuals who consist of community forums or anything, internet web site theme . a tones way for the client to communicate. Outstanding job.. 101626
Greetings from Ohio! I’m bored at work so I decided to browse your blog on my iphone during lunch break.
I enjoy the information you present here and can’t wait to take a look when I get home.
I’m amazed at how fast your blog loaded on my phone ..
I’m not even using WIFI, just 3G .. Anyhow, good site!
I was suggested this web site by means of my cousin. I am now not certain whether
this publish is written by way of him as nobody else understand such specific about my problem.
You’re incredible! Thanks!
Hi to every one, the contents existing at this website are actually awesome for people experience, well,
keep up the good work fellows.