In tune with its motto of putting 'Better Ideas in Action', Garware Technical Fibres Ltd. (GTFL) responded with ingenuity and alacrity to the multiple challenges posed to businesses globally in financial year 2020-21. Ensuring the health and well-being of its people, the Company ramped up operations after the lifting of lockdowns to ensure fulfilment of its commitments.
Stellar International Performance
Global sales constitute a major part of the company’s revenue and that track record was maintained in FY21-22 despite severe supply chain challenges. The company earned revenue of rupees 771 Cr. from International markets, which accounted for 65% of the total consolidated revenue.
Partner in Infrastructure Development
Through its Geosynthetic solutions, GTFL plays a crucial role in infrastructure development along with environment protection. In India, the focus sectors are roads and railways, for which the company provides proven solutions to protect slopes, control erosions and mitigate landslides.
Focus on Innovation
Till the end of FY 21-22, more than 75 patents were filed worldwide, and 23 patents were received. In FY21-22, GTFL’s path breaking solutions accounted for approx. 20% of the company’s revenue.
Global Player in Technical Textile
Glorious Years of Experience and Legacy
Countries have Garware's global footprint growing strong steadily.