Aditya Birla Group: Sweden may rope in Birlas for joint project on smart textiles
“We are having discussions for
a joint project in the area of smart textiles and we had discussions on this
with the Aditay Birla Group. Additionally, we are also exploring areas for
collaboration in the dairy and food safety areas in India,” Swedish minister
for enterprises & innovation and rural affairs Sven-Erik Bucht told PTI.According to a PTI report: The
minister said if the talks fructify a joint venture between Swedish company Domsjo and
the Birlas along with the two governments will be inked.
Sweden is investing heavily in
developing textiles made from sustainable raw materials as it seeks to support
a globally successful textile industry, he said, adding he visited Birla
Group’s textile research application development centre at Kharach in Gujarat.“The
prime aim of this visit is to boost development of smart textiles using VSF,
cellulosic fibre and pulp as an alternative to cotton and hence the Birla group
is a natural fit with its easily blendable cellulosic fibre,” he was quoted by
PTI as saying.
It can be noted that the Birlas is a pioneer and the world’s largest
manufacturer of viscose staple fibre (VSF) which is a man-made bio-degradable
fibre with characteristics akin to cotton.Calling for a collective approach to
address the climate change challenges, the minister said Sweden we would like
to share their experience and ideas about developing an ecosystem based on a
circular bio-economy that will build a better environment.
His visit is a follow-up on the recent joint statement by Prime Minister Modi
and his Swedish counterpart Stefan Löfvén in the areas of innovation and
research and also to increase the volume of bilateral trade. It is also a
follow-up on the make-in-India event in Stockholm organised by the commerce and
industry ministry.
Source: Business Today, India
Friday, 17 November 2017