About Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited (GHFL), incorporated in 1957, manufactures specialty performance polyester films, including solar control window films and paint protection films for automotive and architectural applications, as well as high-end BOPET films for diverse industrial uses such as shrink labels, electrical insulation, lidding, and display applications. The Company operates integrated manufacturing facilities at Waluj, Chikalthana (both at Chhatrapati Sambhajinagar, Aurangabad) and Nashik, supported by an accredited in-house R&D centre focused on new products, process improvements, and debottlenecking. GHFL exports to more than 90 countries, with marketing presence across the USA, Europe, Far East, Middle East, Africa, South America, Australia, and New Zealand, and services customers through subsidiaries in the USA and UK. The Group structure comprises Garware Hi-Tech Films International Ltd. (UK, 100%) and its step-down subsidiary Global Hi-Tech Films Inc. (USA, 100%). Key milestones in FY 2024–25 include ASTM standard compliance in solar control and safety films, full utilization of the first dedicated PPF line, and Board approvals for a second PPF line and a TPU extrusion facility to complete backward integration in PPF.

Garware Hi-Tech Films Limited Business Segment

• Specialty films portfolio: Automotive solar control films, architectural solar films, paint protection films (PPF), BOPET films (including thermal lamination, low-oligomer, high-shrink), lidding films, silicone-coated films, and insulation materials.

• Geography and channels: Global exports with appointed sales personnel in key markets; domestic leadership in retail and OEM-linked channels through brands such as Global Window Films and premium architectural lines.
  

Garware Hi-Tech Films Limited Key Management

• Dr. Shashikant B. Garware — Chairman & Managing Director.

• Ms. Monika Garware — Vice Chairperson & Jt. Managing Director.

• Mrs. Sarita Garware Ramsay — Jt. Managing Director.

• Mr. Mohan S. Adsul — Whole-Time Director (Director Technical).

• Mr. Abhishek Agarwal — Chief Financial Officer.

• Mr. Awaneesh Srivastava — President, Company Secretary & Legal.

Latest Updates on Garware Hi-Tech Films Limited

• Board approved second state-of-the-art PPF manufacturing line with an investment of Rs 125.00 crore; commercial production expected in Q2 FY 2025–26 (September 2025).

• The board approved a TPU extrusion facility (Rs 118.00 crore) at the existing location, targeted operational from Q2 FY 2026–27 to complete backward integration in PPF.

• Achieved ASTM standard compliance in both solar control and safety films, strengthening international quality credentials.

• Launched coloured PPF series for niche international markets; streamlined PPF production at Waluj with strong acceptance domestically and overseas.

• Expanded thermal lamination and lidding portfolio; added silicone-coated film, which saw strong export demand.

• Strengthened global sales presence, now serving customers in 90+ countries through subsidiaries in the USA and UK and appointed sales personnel across priority regions.