Garware Technical Fibres Ltd Share Price

Summary

Established in April 1976, Garware Technical Fibres Limited (GTFL) is a leading manufacturer of technical textiles and holds ISO 14001:2015 certification. The Company delivers innovative solutions across economic sectors ranging from food production to infrastructure development. The Companys solutions are produced at state-of-the-art facilities in Wai and Pune, Maharashtra, India, and are marketed in over 75 countries worldwide. Leveraging its value added offerings, the Company is a global player with a strong domestic presence. It has significant market share and brand visibility in several segments including domestic fisheries, international aquaculture, geosynthethic solutions, and sports products.Incorporated on 1 Apr.76 in Bombay, Garware-Wall Ropes was promoted by Garware Filament Corporation and Wall Ind. Inc, US. In 1987, Wall Ind. divested its shareholding which was taken up by the promoters. The company came out with a rights issue in Nov.95 to part-finance the manufacture of synthetic cordage and fishnet webbings at Wai and the expansion of its capacity in Pune.The company entered into a technical collaboration with Toyo Kogyo, Japan, to manufacture fishnet webbing machines. It has decided to set up a subsidiary in the US. The company finalised a joint venture with a Danish company to set up a 100% EOU to manufacture braided wires. It has decided to diversify into the manufacture of heat-resistant rubber tension tapes and threads used in the garment industry. A pl
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