The Covid-19 outbreak saw a surge in demand for medical gloves worldwide, but Raja Idris says Malaysian rubber products do not need to ride on a pandemic as the industry has grown exponentially over the past decades. – NORAFIFI EHSAN/The Star
‘We need to innovate. If the rubber industry stays strong, the nation will continue to thrive, ’ says Raja Idris. For local rubber product manufacturers, they need to keep abreast with the latest technologies and developments or risk being left behind.Over the years MRC’s support for rubber product manufacturers has boost their competitiveness and the industry through market promotion activities, capacity building and talent development initiatives.
MRC’s rebranding exercise was not just a change of name – it also reflects the bigger role and responsibilities. Last year, the Fund for Automation and Green Technology was introduced to accelerate the industry’s adoption of automation, solar, water and biomass technology. Unique hand gloves and radiation atenuation gloves being displayed at Malaysian Rubber Council Gallery at MRC office in Q Sentral, Kuala Lumpur.
The goal is to further expand the local tyre industry and strengthen its position in the global market, which is forecast to expand at 3.4% per annum and worth US$78bil by 2030. “It is also crucial that we do not forget the element of investment, to commercialise these initiatives and bring them to fruition, ” says Raja Idris.
The fund is intended to provide jobs for 10,000 Malaysians, taking over the jobs currently held by foreign workers, especially in the rubber glove industry.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: staronline - 🏆 4. / 75 Read more »
Source: NST_Online - 🏆 17. / 53 Read more »