This has been tested and certified under Antiviral Efficacy Test as per ISO 21702:2019 - an international standard, by Biotech Testing Services (BTS) Mumbai. The certification declares an efficiency of 99.99% in killing viruses, the company release stated. The nanoparticles are effective throughout the lifetime of furniture as those are embedded in the polymer matrix system, the release added.
Kant said there is also a need to constitute designated material recycling zones on the outskirts of each city and this should be compulsory. Niti Aayog will consult with the government on these issues and also take action to transform this unorganised sector into an organised one with the required regulatory framework, he added.
Final bids are likely to be submitted by 31 March and the company is expected to be valued at Rs.1000 - 1200 crore, said two people aware of the development. ICICI Securites is running the mandate for Tata Capital. Tata Capital Healthcare Fund had invested Rs.40 crore in Shriji in 2015.
The collection has been produced in collaboration with UK-based waste management and recycling company First Mile. The training collection includes tees, shorts, pants and jackets. The company said the apparel is made of at least 83% to even 100% from the sustainable yarn sourced from First Mile.
Paper exports in last 3 years has grown from 660,000 tons to 15,00,000 ton from India. The Indian paper industry is likely to grow at the rate of 12% per annum for next 5 years and the overall paper consumption is projected to increase to 24 million tons in 2024-25 from 15 million tons currently. Paperex 2019 is being held in new Delhi from Dec 6-9.
Before expiry of the said duty, domestic producers constituting Saint-Gobain India, Sisecam Flat Glass India Ltd and Gold Plus Glass Industry Ltd had filed an application in March 2019 before the authority, on behalf of the domestic industry, alleging likelihood of continuation or recurrence of dumping of the glass from these countries.