RIL ties up with Star Cotspin for its Recron brand

Star Cotspin is one of the largest grey sewing thread producers in India, with the fastest growth in recent years

Reliance Industries Ltd (RIL), one of the largest manufacturers of synthetic fibre in the world, has partnered with the Bhilwara-based Star Cotspin Limited, a leading manufacturer and exporter of sewing thread in India.

Star Cotspin will be the first company in North India to be certified under the Recron SHT Branding Program which RIL launched last month.

The partnership agreement was signed in New Delhi by Gunjan Sharma, Business Head, Polyester Staple Fibre Business, Reliance Industries Limited, and S K Chhajer, CEO, Star Cotspin.

Star Cotspin is one of the largest grey sewing thread producers in India, having shown the fastest growth in recent years. As per the agreement, Reliance’s Recron SHT, the super high tenacity fibre, 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.

Commenting on the agreement, Sharma said, “This step, in our endeavour towards establishing standardized high quality sewing threads, is a vital one. The partnership will help both companies to strengthen growth and customer trust. Star Cotspin has shown considerable growth, and have ambitious plans S K Chhajer, CEO, Star Cotspin, said, “We have been associated with Reliance Polyester Fiber for several years, and are pleased to enter into a co-branding partnership with Reliance Recron® SHT PSF."

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 will also support Star Cotspin in creating awareness about standardized high quality sewing thread products among key stakeholders, especially spoolers and apparel manufacturers.

Star Cotspin is planning to undertake a 12,000 spindles expansion project. Six thousand spindles each is expected to be allocated to optical white and black yarn. The company expects to double the consumption of Recron SHT fibre by the end of 2017.

Star Cotspin has a total capacity of 25,500 spindles and monthly production of around 440 tonne of polyester yarn/thread. Almost 80 per cent of the company’s turnover is generated domestically, and the remaining 20 per cent comes from exports.