The packaging industry in India has hit an all-time high with the amplified consumption of packaged food and an increasing need for packed beverages in the working population of the country.
With the running stress put on the eco-friendly side of the packaging regulations, the industry is actively taking up ways to ensure cementing environmental health. With a rapid growth continued to be primarily driven by the pharmaceuticals, the food packaging industry today in India is segregated by material and the products. Depending upon the kind of packaging, the segmentation is done between flexible, semi-rigid and rigid and then further into the kind of material like metal glass, paper, etc.
This sector has dynamically influenced several other industries impeccably with the organization of the retail and the transforming standard of living. The industry giants now are rooting for better quality packaging methods, machines, and materials used.
And one such giant of the fastest growing subsector is Rishi FIBC Solutions Pvt. Ltd. It is the second-largest producer of high end (Pharma and food grade) Flexible Intermediate Bulk Containers (FIBCs / Jumbo Bags) in the world with a production capacity of 10 million bags per annum and a turnover of 500cr last year. Their factories are located at Vadodara (Gujarat) and Mysore (Karnataka).
In the hegemony of Arvind Nopany, Managing Director and Joseph Fransis, Executive Director & CEO of the company, they have created an excellent name in the international market as a quality manufacturer of FIBCs, Container Liners, and Flexitanks. 95% of their products are being exported to approximately 35 countries around the world, mainly to the USA, Europe, Australia, Japan, etc.
THE FLAG BEARERS
Arvind Nopany, Managing Director graduated from Armstrong University, California in Business Administration and belongs to a business family. He has been successfully running a small bag business over the last 32 years.
Joseph Fransis, Executive Director & CEO is an Electrical Engineer and a post-graduate in Business and Industrial Management. He has over 30 years of hands-on experience in the manufacture of FIBCs in India and abroad put together globally.
Rishi FIBC has recently entered into the field of agricultural products like greenhouse films, silo bags, pond liners, mulch film, insect net, shade net, hail net, ground cover, knitted shade net, skirting fabric, agritwine, etc. The company also has the highest rating (AA Grade) from BRC (British Retail Consortium) for all the factories operating in India. They are the only company in the country to have such a high rating in BRC audits since the inception of the facilities. This portrays their commitment to the quality at its full capacity.
HAVING AN EDGE OVER COMPETITORS
The company offers the best hygienic packaging products in the world; they are produced in a clean room facility with a HEPA filter system. The factories are certified with the highest ratings in the industry and the country like 'Superior Rating' in AIB (American Institute of Baking), 'AA' Rating in BRC (British Retail Consortium). Rishi FIBC is also an ISO 9001:2015, ISO 14001:2015, ISO 22000:2005 certified company.
The Directors further talk about their relationship with their clients proudly stating, "We have been associated with various food and Pharma MNC companies in the world and all of them are extremely happy in working with us."
The fully integrated world-class facility for food and Pharma grade FIBC is provided at the factories which allow them to create a highly customized solution for the consumer to meet their needs. Serving more than 44 countries in the world, their manufacturing facility can produce huge quantities of industrial FIBCs as per customer requirements. They produce 10 million FIBC per annum and ensure precision and reliability in the products.
Safeguarding the well-being of all the stakeholders is of prime importance, they have established high standards of personal and operational hygiene. Their commitment to hygiene and cleanliness ensures food grade FIBCs that are sanitized and free from dust, germs and pollutants and implementation of the Food Safety Management System is part of their Food Safety Policy.
THE CORPORATE ETHOS
Several packaging strategies are applied at Rishi FIBC to encourage sustainable means. They are processing polymers and using power from the solar and the windmills of their own to completely eradicate the carbon footprint and encourage complete renewable energy processes.
They continuously fuel the ideas to cater to your evolving FIBC needs, they have set extremely high standards for themselves in terms of creating food and Pharma grade FIBC in terms of the world-class facility which are just the stepping stones of infancy. They constantly commit to their customers, refining, evolving and higher quality of products.
A comfortable atmosphere of working is encouraged at Rishi FIBC for the employees and availability of the finest Indian standards is taken care of, a happy staff is the most significant to provide guaranteed high quality and better services.
RESEARCH AND DEVELOPMENT
The company believes that research and development are at the core of their commitment to quality and is headed by a number of experts from the field that take care of designing and developing many products to meet the needs of the customer. Out of the many improvements that have been incorporated for the ease of the consumer, here are a few those are notable;
They have successfully achieved amenities to manufacture the best products of the most modern FIBC facilities in the world, as certified by the customers from the USA and Europe.
THE BELIEFS AND SUCCESS
The company believes in attributing their success to in-depth technical knowledge in the production that the directors have gained over the last 30 years of their practical experience in the industry. The core value of Integrity, Collaboration, and Care for Employees, Ownership, Excellence, and Customer focus is carried to date, since the day of inception.
"Ever since we started our operations 12 years ago, we have had an annual growth ratio of 40% which is preeminent in the manufacturing industry with full customer satisfaction" further add the Directors.
GIVING BACK TO SOCIETY
Corporate Social Responsibility (CSR) is about managing the business in a way that positively enhances the economic, social & environmental aspects of Society. They firmly believe that sustainable development is critical for their success & acceleration of business activities.
Rishi FIBC contributes to society's wider goal of sustainable development by providing free medicines to hundreds of people who make their way to 'Wayanad District Hospital' but lack the economic capacity to buy medical aids or treatments. They are giving funding assistance to NGOs who arrange mid-day meals for about 400 people daily at the Government Hospitals for various medical treatments. They take care of food expenses for the children in special schools (approximately 250) and two old age homes. They also have lent a hand for the flood victims in ensuring a roof over their heads.