Tell us about the latest sustainable textile chemicals by Resil.
We were the pioneers in innovative textile technology with our anti-odour garment technology, N9 Pure Silver. Understanding the present pain points of our users we soon realised that we needed to innovate to maximise wearer comfort, resulting in Resil's drive for innovation.
Resil Chemicals prides itself for the time and effort into the research and development of these environmental friendly innovative and intelligent fabric technology products, and extensive testing have proven them to be highly effective.
Most denim manufacturers rely on potassium permanganate (PP), a strong oxidative agent used primarily to bleach the substrate denim fabric to produce a desired finish. The denim industry in India approximately functions with 50 tons/year of PP for their finishing needs, but drawbacks such as adverse effects on health on excessive exposure, causing irreversible hardening of water and respiratory disorders renders its substantial demerits to give reason for suitable replacements. Resil's replacements for PP are a viable alternative to PP bleaching. They contain a specific combination of neutral salts and polymers that are functioned to achieve localised colour dismissal effects such as whiskers and natural and thigh abrasion when applied to the fabric.
Coolit, Neu Dri and Soladel technologies by Resil turn everyday garments into a treat for the senses, leaving them cool, dry and clean.
How has the company's textile department performed in the last two years? What are your expectations from the department for the next two fiscals?
We have done extremely well in the last two years. We have seen high double digit growth and as for the next two years we are bullish about growth in South and South East Asia.
What challenges did you face while manufacturing textile chemicals? How did you overcome those challenges?
Challenges we faced while manufacturing textile chemicals include innovation of sustainable and eco-friendly products, regulatory and stringent quality norms and customisation of products catering to individual customers with adaptable volumes.
We resorted to state of the art manufacturing facilities that comply with international standards and emphasised not only on product innovation, but also process innovations to overcome these challenges.
What are your expectations for the company for the year 2017?
We look to aggressively orient towards growth in India and our international presence in the coming year.
Having a strong backbone of being an innovation driven company, Resil also focuses on new intelligent, environmental friendly textile finishing and auxiliary products that will revolutionise and set an inventive thought process in the textile chemicals market.
What are your views about demonetisation? How has it affected your company?
The current demonetisation-driven cash crunch has resulted in a short-term economic inconvenience in the form of the transactional hit created by a hard cash deficit and a structural hit to non-tax paying businesses that would become unviable.
However, when you look at the long-term impact of these steps, we can surely look at a cleaner economy, cleaner ethics and a better GDP.
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