Textiles company Garware-Wall Ropes changes its name to Garware Technical Fibres
The company had reported a net profit of Rs 105.12 crore during FY18 and posted a revenue of Rs 885.5 crore. "The next five to seven years will be very important for the company as we are looking to double our profit," said Vayu Garware, chairman and managing director, Garware Technical Fibres.
The company also plans to continue expanding its international presence and business. Garware Technical Fibres chief executive officer Shujaul Rehman said the company's presence significantly impacts the sustainability of food production with a positive impact on the environment.
"We will continue to grow our value-added offering in more than 75 countries and are committed to growing both India and global businesses," he added. Garware Technical Fibres specializes in providing customized solutions to its customers worldwide in the field of sports, fisheries, aquaculture, shipping, agriculture, coated fabrics, and geosynthetics.
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