India Development News & Foreign Investment Opportunities

Raymond launches Ecovera in collaboration with Reliance

R|Elan™ will redeem one million PET bottles


R|Elan™ will redeem one million PET bottles


Raymond Ltd

India’s leading textile manufacturer and industrial group have come together to save one million PET bottles from environmentally-dangerous landfills by recycling into fabrics for sales through 1,500 sores across 700 cities in the country.

Raymond has unveiled the eco-friendly Ecovera – a range of fabrics manufactured by using R|Elan™, the latest technology from Reliance Industries Ltd (RIL).

The Ecovera range will soon hit 1,500 stores across 700 cities, said Raymond in a release on 8 Apr 2019.

Ecovera is made from R|Elan™ GreenGold, the greenest fibre in the world. R|Elan™ GreenGold is made by recycling post-consumer waste PET bottles, using bio-fuels and energy-efficient processes.

Raymond’s Ecovera, powered by RIL’s R|Elan™, will redeem almost one million PET bottles from landfills. It’s a testimony to both RIL and Raymond’s commitment to saving the Earth.

Speaking on the joint development of the sustainable range, Raymond Ltd President for Textile business, Sudhanshu Pokhriyal said: “We as an organisation are known for innovations in manufacturing top quality fabrics using both natural and man-made fibres.

“In our endeavour to create eco-friendly, sustainable fabrics, R|Elan™ GreenGold is a perfect choice to produce fabrics that have multiple qualities with superior handle and lustre.

“The use of R|Elan™ GreenGold is also a step towards achieving our goal of making our organisation sustainable and environment-friendly,” said Pokhriyal.

Raymond is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabrics in the world. It commands a dominant market share of over 60 per cent in the worsted suiting fabrics space in India.

Throughout its history, Raymond’s motto has been: ‘Dressing the modern man right’.

Drawing from Reliance’s extensive R&D and vast expertise in fibres, R|Elan™ is a portfolio of innovative fabrics that does more. R Elan™ GreenGold is a new-age technology from RIL with globally supreme eco-credentials and specially engineered to fulfil consumer requirement for sustainable fashion.

GreenGold is one of the eco-friendliest raw materials for the fashion industry and is supporting major brands achieve their environmental commitments.

RIL Polyester Business CMO Gunjan Sharma added: “We are proud to be associated with Raymond. It provides us with an opportunity to do our bit for the environment.

R|Elan™ GreenGold enables and equips Raymond to create an innovative and fashionable fabric with an added dose of sustainability.”

RIL’s petrochemicals business is committed to adhering to the concept of circular economy, recycling and waste reduction. Its aim is to make Indian textile and fashion industry a leader in practising these concepts.

Thus, R|Elan™ products will provide consumers next generation fabrics that are in line with the latest fashion trends while also fulfilling their lifestyle needs.

RIL’s efforts will give consumers the assurance that if there is R|Elan™ on the outside, there is something special on the inside.

Raymond is India’s largest integrated worsted suiting manufacturer that offers end-to-end solutions for fabrics and garmenting. Over the years, Raymond has been synonymous with quality, innovation and market leadership. It has some of the leading brands within its portfolio – Raymond Ready to Wear, Park Avenue, ColorPlus, Parx, Raymond Made to Measure amongst others.

Leave A Reply

Your email address will not be published.