Reliance Industries enters into pact with Star Cotspin – Feedback

Reliance Industries (RIL) which is also into synthetic fibre manufacturing, has entered into a pact with Bhilwara-based Star Cotspin. As per the agreement, RIL’s Recron SHT will be the basic substrate for polyester sewing threads manufactured by Star Cotspin. This yarn will then be sold, cobranded with Recron SHT.

Apart from branding the products, RIL will also provide marketing and technical support to Star Cotspin. RIL and Star Cotspin will jointly conduct research and development work to further enhance Recron SHT sewing thread’s quality, and will also explore new business opportunities.
Reliance Industries has businesses across India, engaged in energy, petrochemicals, textiles, natural resources, retail and telecommunications.

http://money.livemint.com/news/company/news/reliance-industries-enters-into-pact-with-star-cotspin-448541.aspx

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