| |June, 20229Flexible intermediate bulk containers lower the total weight of bulk packaging owing to their negligible weight compared to metal containers. They can be stored in a small space by folding and pressing multiple FIBCs together which is not possible with metal containers. Metal containers may occupy the larger space and difficult to handle as they have their own weight which is much higher than FIBC.By adding a liner to the FIBC, flexible intermediate bulk containers provides the protection which a metal container would offer like environmental protection and physical damage. In addition, these intermediate container also passes through series of tests like drop tests, lift tests, aging test and more, to ensure that the safety factor and safe working load are maintained. HOW DO YOU SEE THE DISPARATE BULK PACKAGING REQUIREMENTS OF PLAYERS FROM DIFFERENT INDUSTRIES? These flexible intermediate containers are commonly used to store dry and flowable products such as grains, seeds, salts, chemicals, sands, clays, cement, and others. Primary end use of FIBC is to handle raw, semi-finished, and finished granules and small-size materials in industrial premises. Based on the usage and product characteristics FIBC manufacturer provides customized solutions to the end uses. For Example:1. Base requirement: - Normal bags having filling and discharge spouts.2. For Hygroscopic Material: - Bags with liners inside3. For Hazardous Material: - UN certified bags4. Based on the static requirement: - Type C (Conductive) or Type D (Dissipative)5. To avoid bulging: - Bags having BaffleHOW CAN THE FIBC BAGS BE CUSTOMIZED ACCORDING TO THEIR UNIQUE REQUIREMENT? FIBC are customized based on the characteristics of products and bulk density of the products. Food and Pharma grade FIBC are customized and produced under high end hygiene areas along with virgin raw material (PP). FIBC are also customized based on their storage requirement to avoid bulging. It is also customized based on available transportation facilities. FOR A MANUFACTURER, WHAT ARE THE CHALLENGES IN ENSURING THE QUALITY OF FIBC BAGS? WHAT IS THE METHODOLOGY FOLLOWED BY YOUR COMPANY FOR QUALITY ASSURANCE? FIBC manufacturing is mixture of Art and Science. It is not completely automized. It is labor intensive industry and requires skilled laborer for generating quality output. FIBCs are highly customized product and there are lot of manual intervention of people at every stage of production. With this maintaining quality of each unit of FIBC is the utmost challenge. When the product is produced with set of skilled labor, for continuous performance manufacturer require to invest heavily on training and development of laborer at the same time competitiveness in manufacturing segment affects the retention level of required skilled manpower.Following methodology is followed by our company for quality assurance while producing FIBCs,· Plan ­ We plan and establish the process and determine the processes that are required to deliver a high-Quality FIBC.· Do - Development and testing of Processes and 'do' changes in the processes as per requirement.· Check - Monitoring of processes, modify the processes, and check whether it meets the predetermined objectives.· Act ­ Our quality assurance tester implements actions that are necessary to achieve improvement in the processes.In our company FIBC is strictly inspected at every stage of production line. Every stage is having defined acceptance criterion againstdefined quality parameter and the product has 100 percent comply to that criterion. The defined criterion is reviewed on quarterly basis.WHERE DO YOU SEE THE INDIAN BULK PACKAGING MARKET IN THE NEAR FUTURE?WHAT IS THE FUTURE ROAD MAP FOR YOUR COMPANY TO OVERCOME THE EMERGING CHALLENGES IN THIS DOMAIN?The flexible bulk packaging is the fastest growing sector of India's packaging industry. Still there is lots of scope. With increasing education on usage of FIBC it will further grow with different segments like Food, pharma, chemical, Dairy (Milk Powder) and others.Being the global supplier of the choice, we keep ourselves updated with latest knowhow of FIBC industry including the disparate requirement of the customers. We are investing in R&D to improve our product efficiency and working closely on optimization of bottom line so that we can remain competitive not only in domestic markets but also in international markets.Growth in India's manufacturing sector is accelerating and we see advances in demand of bulk packaging too. Overall we see 15­18 percent growth in bulk packaging requirement in India.RISHI FIBC was been set up in year 2008 and we have been growing at 35 percent CAGR since inception. Our growth plans for the future are also well defined and we hope to continue growing at this paces and maintain our position amongst the top three FIBC producers globally.We will continue to allocate adequate resources for Research & Development, training of our manpower and follow ethical standards of operation, so that we continue to be leader in our space.
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