3R Polymers Private Limited, a renowned name in the wire & cable industry, is planning to double its capacity for PVC compounds and start two new production lines for PE-based compounds by the end of FY 24-25. This was revealed by Mr. Nitin Aggarwal, Director – Sales & Marketing, 3R Polymers Private Limited, during his recent interaction with the Wire & Cable India magazine.
History
Established in 2011, we are a renowned supplier of customized PVC, PE & other polymer compounds and masterbatches. Our commitment to high-quality services goes beyond providing cost-effective and customized solutions to the wire and cable industry. The goal of 3R Polymers has always been to provide its customers with the most advanced tools and products by constantly pushing the boundaries of technology. We have created a niche for ourselves in the wire and cable industry with our innovative products and a rich experience of more than 13 years. We provide the best solutions to our customers, suiting their needs. Our target markets include the automotives, railways, medical sector, industrial segment and home appliance applications.
Going Extra Mile For Customer Satisfaction
Our team visits the manufacturing unit of each and every client to understand their manufacturing requirements. After having a detailed discussion with our R&D department, we suggest the material and products best suited to the customers’ needs. In our R&D facility, we have the latest technologies, which are regularly updated with new advancements. This results in competitive pricing without compromising on quality. We maintain our base compound to provide the best quality technical strength and excellent results to our customers’ production processes. Our R&D team ensures that we get through quality checks of our compounds to maintain the product quality and consistency.
Watch: RR Kabel | Solar Cables | Solar Plant | Renewable Energy
Looking Forward to a Bright Future
Wire and cable is a constantly developing market in India. Looking at the ever-developing segments, including automation, construction and railway, it is obvious that this industry will grow with time and there will be high demand of raw material for the production of wires and cables. Many innovations and technological advances are happening globally. It is essential that Indian manufacturers accept these technologies to sustain and qualitatively improve their productivity.
Sustainability
All our developments are sustainable and eco-friendly. We are into providing non-toxic products with all standards and required grades. Our products are as per various national & international standards like BIS, IEC, BS, UL, ROHS and REACH for almost all kinds of wire & cable segments. In the next few years, we plan to enter new segments like Halogen-free, high flame retardant, non-toxic, electric vehicle, sustainability and E-beam.
Technological Advancements
As a compounder, we majorly use twin screw compounding for our product lines. We regularly upgrade our production lines for markets such as the solar cable, EV charging cable, telecom, and high temperature cables. In the last two decades, domestic machine manufacturing has improved a lot. We provide solutions as per the global standards. However, there is a long way to go. There is scope for improvement and optimization in terms of quality & pricing.
Also Read: Taprath Elastomers LLP: Catering Quality at Economical Cost to Reduce Overseas Dependence
Future Growth Prospects
We are very bullish towards the demands from the wire and cable industry. Almost all wire and cable manufacturers are increasing their capacities. We are planning to double our capacity for PVC compounds and start two new production lines for PE-based compounds by the end of FY 24-25.
Raw Materials: Sourcing & Challenges
Like every Indian manufacturer, we are also trying to rely 100 percent on Made in India raw materials, but there is a long way to go. We are currently using domestic and directly imported raw materials to deliver the best possible quality to our customers. In the past 4-5 years (specifically after Covid-19 pandemic), we have faced continuous challenges of supply chain disruption due to various reasons like container/vessel availability, closure of supplier plant due to poor demand, withdrawal of confirmed prices offered by foreign suppliers etc. These factors have led to a sudden and sharp increase in the price & availability of materials. As a country or industry, we must focus and work on strengthening our supply chain, which must not get affected due to global factors.
