History of Garware Group
The Garware Group is a diversified Indian conglomerate with a rich history and a strong presence in various sectors. Founded in 1955 by the visionary industrialist Abasaheb Garware, the Group has grown into a multi-billion dollar enterprise known for its commitment to quality, innovation, and social responsibility.
The Garware Group's commitment to innovation and excellence has made it a leading player in various industries. The group's focus on sustainability and social responsibility further strengthens its position as a respected corporate citizen.
Garware Group’s Sector Presence
The Garware Group operates in a diverse range of sectors, including:
- Technical Textiles: GTFL is a major player in this sector, providing innovative solutions for fishing, agriculture, construction, and other industries.
- Polymer Films: Garware Hi-Tech Films is a global leader in this segment, with a strong presence in packaging, electrical, and other applications.
- Marine Engineering: Garware Marine Industries offers repair and maintenance services for ships and other marine vessels.
- Manufacturing: The group has a presence in various manufacturing sectors through its companies like Garware Wall Ropes and Garware Synthetics.
Key Personnel of Garware Group
- Dr Abasaheb Garware
Dr Abasaheb Garware was the founder of the Garware Group. He was born into a middle-class family on December 21, 1903, in Tasgaon (Sangli district). He commenced his entrepreneurial journey by selling used cars in Mumbai. After developing his business in 1927-28, he initiated Deccan Motor Agency. In 1933, Dr Abasaheb Garware joined the international car trade in England to enhance his business further. Abasaheb launched the thermoplastic industry in India and successfully entered the field of nylon and synthetic fibres.
- Shashikantji Garware
Shashikantji Garware is the whole and sole of Polyester and Hi-Tech Film Industries. He was born in Mumbai on November 5, 1934. He is the eldest son of the late Abasaheb and late Vimalabai Garware. He was educated at Dulwich College, a prestigious institute in England. He then opted for a Senior Business Management course at the University of Edinburgh, where he specialised in Administration, Sales Management and Market Research. He returned to India and joined his father's business in 1951, having completed his education with honours.
How to Invest in Garware Group Stocks?
To invest in Garware Group stocks via Angel One, follow these steps:
- Log in to your Angel One account.
- Click on the search icon and look for your desired Garware Group stock.
- Now, place your buy order. Simply click on the ‘Buy’ button, enter your desired quantity, and select the order type.
- To complete your transaction, click on the ‘Buy’ button.
You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’
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