Velvin Group Forms Strategic Joint Venture with Japanese Conglomerate
Kemmannu News Network, 18-11-2023 01:42:29
Velvin Group Forms Strategic Joint Venture with Japanese Conglomerate to Accelerate Growth and Innovation
Mumbai, November 17: In a move that underscores the spirit of collaboration and the pursuit of innovation, two industry leaders, Velvin Group - a leading manufacturer of Paper based sustainable packaging solutions company in India and Rengo Co., Ltd., Japan have officially announced their strategic joint venture. This landmark partnership promises to level up the landscape of Corrugation Industry in India, while opening up new avenues for growth and success.
"Rengo, a global leader in paper and corrugated box manufacturing, and Velvin, with a profound understanding of the domestic market, are poised to create powerful synergies through their collaboration," as articulated by Vincent Mathias, Managing Director of Velvin Group.
The decision to join forces in a joint venture for the upcoming Corrugation Unit in Cheyyar, Tamil Nadu comes after considering the potential benefits and synergies that could be harnessed by working together. Due to Rengo’s 30% equity participation, the company will change its name from ’Velvin Containers Pvt. Ltd.’ to ’Velvin Rengo Containers Private Limited’.
Rengo Co., Ltd. was founded in 1909 and is headquartered in Osaka, Japan. The Company together with its subsidiaries manufactures and sells paperboard, Corrugated Boxes, Folding Cartons and Flexible Packaging in Japan and in other parts of the world. Rengo today operated 198 plants across 29 locations in Asia, Europe and North America.
One of the primary objectives of this joint venture is set to significantly enhance the market reach of both companies. By combining their distribution networks, Velvin Group and Rengo Group aim to make their packaging solutions more accessible to a global audience. This strategic partnership is aimed to spark ground-breaking research and development initiatives, leading to the creation of cutting-edge sustainable packaging solutions that will meet the evolving demands of the market.
About Velvin: Velvin Group has established itself as one of the pre-eminent manufacturers in the Corrugation and Paper Bag industry in India and across the globe.
Incorporated in the year 1987 and headquartered in Mumbai, Velvin Group continues to grow under the dynamic leadership of its Founder and Managing Director – Mr. Vincent Mathias, a first generation entrepreneur. With an idea of building a world class infrastructure at its core, Velvin Group today operates 5 manufacturing units across Goa and Maharashtra.
With team of professionals trained over the years, Velvin Group positions itself as a partner delivering packaging solutions to meet customer requirements of product safety, branding, transportation and distribution well surpassing the traditional practice of just manufacturing.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.
Final Journey of John Henry Almeida (71 years) | LIVE from Udyavara

Final Journey of Mrs. Severine Pais (85 years) | LIVE from Milagres, Kallianpur, Udupi

Final Journey of Mrs Lennie Saldanha (89 years) | LIVE from Kemmannu | Udupi

Final Journey of Zita Lewis (77 years) | LIVE from Kallianpur, Udupi

Final Journey of Henry Andrade (83 years) | LIVE from Kemmannu

Final Journey of Mr. Leo Britto (65 years) | LIVE from Mother of Sorrows Church, Udupi

Mount Rosary Church - Rozaricho Gaanch May 2025 Issue

Final Journey of Juliana Machado (93 years) | LIVE from Udyavara | Udupi

Final Journey of Charles Pereira (78 years) | LIVE from Kemmannu

Milarchi Laram, Milagres Cathedral, Kallianpur, Diocese of Udupi, Bulletin - April 2025

Holy Saturday | St. Theresa Church, Kemmannu

Final Journey of Albert Lewis (85years) | LIVE From St Theresa’s Church Kemmannu | Udupi

Final Journey of Bernard G D’Souza | LIVE from Moodubelle

Earth Angels Kemmannu Unite: Supporting Asha Fernandes on Women’s Day

Final Journey of Joseph Peter Fernandes (64 years) | LIVE From Milagres, Kallianpur, Udupi

Milagres Cathedral, Kallianpur, Udupi - Parish Bulletin - January 2025 Issue

Rozaricho Gaanch 2024 December Issue - Mount Rosary Church, Santhekatte

Land/Houses for Sale in Kaup, Manipal, Kallianpur, Santhekatte, Uppor, Nejar, Kemmannu, Malpe, Ambalpady.

Naturya - Taste of Namma Udupi - Order NOW

Focus Studio, Near Hotel Kidiyoor, Udupi


Earth Angels - Kemmannu Since 2023

Click here for Kemmannu Knn Facebook Link
Sponsored Albums
Exclusive
Mangalorean Teen Feryl Rodrigues Shines as May Queen 1st Runner-Up at Indian Club Bahrain [Video]

A Saintly Shepherd of Our Times: A Tribute to Pope Francis

Servant of God – Fr Alfred Roche, Barkur -Closing ceremony of Birth Centenary Celebrations.

"Raav Sadanch" – A Konkani Musical Masterpiece by Young Prodigy Renish Tyson Pinto, Barkur Inspires Youth to Chase Their Passions.

Bishop Rt. Rev. Dr. Gerald Isaac Lobo, Offers the Solemn Thanksgiving Jubilee Mass, in Milagres Cathedral

GOLDEN YEARS, HAPPIER TOGETHER….by P. Archibald Furtado

Parish Level inaugural Badminton Little Flower Cup 2024 held in Kemmannu.

Udupi: Foundation stone laid for the SVP sponsored new house at Kemmannu

KAMBALA – A FORGOTTEN SPORT OF YESTER YEARS…..
