Year: 2019

ABFRL and CAIF join hands to launch Innovation Challenge to find alternatives to plastic packaging

The Innovation Challenge seeks non pollutant alternatives and systems to cut down single-use plastic Mumbai, November , 2019: Aditya Birla Fashion and Retail (ABFRL) has launched a first-of-its-kind open Innovation Challenge with Circular Apparel Innovation Factory (CAIF) to spearhead a change in packaging and find innovative alternatives to plastics. According to an estimate by the […]
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Bain looks to invest $1 billion over three years

MUMBAI : Bain Capital is looking to deploy around $1 billion in Indian companies over the next three years, underscoring the private equity firm’s bullish stance on this market despite the current economic downturn. The US-based PE investor, which raised its fourth Asia-focused fund, the biggest so far, at $4.65 billion, has been a major […]
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ABFRL, CAIF join hand to launch Innovation Challenge to find alternatives to plastic packaging

Aditya Birla Fashion and Retail (ABFRL) has launched a first-of-its-kind open Innovation Challenge with Circular Apparel Innovation Factory (CAIF) to spearhead a change in packaging and find innovative alternatives to plastics. According to an estimate by the Central Pollution Control Board (CPCB), India generates almost 26,000 tonnes of plastic waste daily. Approximately 43% of manufactured […]
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