Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], November 16: 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. Business News | Velvin Group Forms Strategic Joint Venture with Japanese Conglomerate to Accelerate Growth and Innovation.