LTI’s Brand Value Crosses $1 Billion; Ranks Among Top 25 Most Valuable IT Services Brands Globally

 
Larsen & Toubro Infotech (BSE code: 540005, NSE: LTI), a global technology consulting and digital solutions company has consolidated its position as one of the fastest-growing IT Services brands of the year, as per the latest report by leading brand valuation and strategy consultancy firm, Brand Finance. LTI has been ranked 22 among the top 25 most valuable IT services brands in the Brand Finance IT Services 25 2022 ranking.

LTI’s brand value reached $1.1 Billion, and its brand strength has increased to 67/100.The report highlights exceptional growth of 83% in LTI’s brand value since 2020. The research from Brand Finance noted that LTI has consistently delivered growth year-on-year and shows no signs of slowing down. LTI’s brand value is rising quickly within a highly competitive space and the company is fast becoming one of the most exciting brands in the sector.

Sanjay Jalona, CEO and Managing Director, LTI, said, “We are proud and inspired by this recognition from Brand Finance. It is our relentless focus on customer satisfaction that facilitated this exponential growth in LTI’s brand value while earning respect and distinction as a world leading IT services brand. We will continue to strengthen brand LTI through our technology expertise, our unique culture beginner’s mind, and by being a good neighbor in the communities that we operate in.”

David Haigh, Chairman and CEO of Brand Finance, said, "LTI's brand has grown by a phenomenal 83% over the past two years, which is especially impressive given the turbulence in the market due to Covid-19. It is clear that top talent and management is steering the brand to becoming a Tier 1 competitor in the IT Services space. "Let's Solve" is a fresh perspective on the idea of partnership in an ever more intricate and tech-dependent economy. We are excited to see what lies next for the LTI brand."

LTI brand was launched in May 2017, on the heels of LTI going public and since then has made a unique place for itself. Delivering industry-leading growth, speeding, and scaling up innovations, impressive execution of its digital capabilities, and a commitment to stakeholder value creation have made LTI the preferred digital transformation partner for its clients.

Brand Finance is the world’s leading brand valuation consultancy, and its annual rankings are considered to be one of the most sought after by corporates. The rankings involve a rigorous process mainly comprising brand loyalty rate and brand strength index. For valuating brand loyalty rate, they conduct a search for comparable license agreements within the industry to determine a suitable royalty rate range, followed by a comparison with margin analysis of firms operating in the industry under consideration. The brand strength index includes evaluating and benchmarking the brand against competitors in its sector. The three key pillars for this evaluation are brand investment, brand equity, and brand performance.

About LTI:

LTI (NSE: LTI) is a global technology consulting and digital solutions Company helping more than 475 clients succeed in a converging world. With operations in 33 countries, we go the extra mile for our clients and accelerate their digital transformation journeys. Founded in 1997 as a subsidiary of Larsen & Toubro Limited, our unique heritage gives us unrivalled real-world expertise to solve the most complex challenges of enterprises across all industries. Each day, our team of more than 40,000 LTItes enable our clients to improve the effectiveness of their business and technology operations and deliver value to their customers, employees and shareholders. Find more at http://www.Lntinfotech.com or follow us at @LTI_Global.

AXISCADES, AAA Awarded As Engineering, Manufacturing Engineering And Services Strategic Suppliers By Airbus

AXISCADES Technologies Ltd. & AAA (Assistance Aeronautique & Aerospatiale), leading solutions-oriented technology companies serving global OEMs on overall product improvements has secured a multi-year contract renewal from Airbus and has been recognized as a preferred supplier to Airbus EMES3 (“Engineering, Manufacturing Engineering, and Services Strategic Suppliers”).

AXISCADES with strong capabilities in the engineering and customer services area, and AAA with an excellent track record and competencies in the manufacturing engineering and manufacturing area, jointly intend to leverage and deliver their services to the entire product life cycle with digitization as the key enabler. The collective services provided by AXISCADES & AAA as distinguished EMES3 suppliers will cover all Airbus divisions, subsidiaries, and affiliates across the globe and deliver technical solutions in all Engineering, Manufacturing Engineering, and Customer Services functions.

Together AXISCADES and AAA aim to leverage their mutually supplementing expertise to address Airbus’ global strategic needs in a comprehensive and holistic manner. The partnership represents the combined strength of AXISCADES, and AAA committed to provide technical expertise, operational excellence, global footprint and enhanced value creation abilities aligned to Airbus’ requirements and plans.

Commenting on the announcement, Mr. Sudhakar Gande, Board Member AXISCADES said: “AXISCADES is very proud and delighted to be selected as preferred EMES3 supplier to Airbus, a leading aircraft manufacturer. This recognition will further deepen and strengthen our long-term relationship. Having worked in the Aerospace domain for over a few decades, our engineers have a unique understanding and appreciation of the challenges and opportunities in the industry. Our team’s excellent understanding of tools & processes will support our client Airbus to reduce risk, to improve operational efficiency and to deliver highest quality in a cost-effective way. This is truly a prestigious win for us, and we are all set to deliver enhanced value to Airbus along with our partner AAA.”

Mr. Cedric NOUVELOT, General Manager AAA said: “For more than 30 years AAA has been a partner to AIRBUS and deeply involved in all Manufacturing Engineering Activities. AAA is very proud to have been awarded with his partner AXISCADES to the new referencing EMES3 which will further deepen and strengthen the long-term customer relationship. Our combined technical skills with an excellent understanding of Airbus processes will enable us to engage delivery in accordance with Airbus expectations. This is a prestigious win for AAA and AXISCADES and we are excited to deliver value in improving operational efficiency”

About AXISCADES Technologies Limited

AXISCADES (listed on the BSE and NSE) is a leading, engineering solution providers company enabling innovative, sustainable and safer products worldwide. Headquartered in Bangalore with subsidiaries in USA, UK, Canada, Germany, India and China; and offices in Germany, France, Denmark, USA and Canada.

AXISCADES has a diverse team of over 2000 engineers working across 16 futuristic Global Engineering Centres across North America, Europe, UK and Asia-Pacific, striving to reduce the program risk and time to market. The company offers Product Engineering Solutions across Mechanical Engineering, Embedded Software and Hardware, Digitisation and Automation, System Integration, Tech Solutions, Manufacturing Engineering, Technical Publications and Aftermarket Solutions.

The engineering solution portfolio covers the complete product development lifecycle from concept evaluation to manufacturing support and certification for Fortune 500 Companies & their supply chain in the Aerospace, Defense, Heavy Engineering, Automotive, Medical Devices & Industrial Product industries. The company is known for its robust system of certifications and best practices that address customer requirements and domain expertise.

More information: www.axiscades.com | LinkedIn: @ AXISCADES

Ab   About AAA- ASSISTANCE AERONAUTIQUE & AEROSPATIAL

AAA, privately held company with its headquarters in Paris, France, is a key player in the aerospace industry for on-site operations, working on all civil, military and business aircraft, and during their whole product lifecycle.

AAA performs as a major on-site service provider the following activities: industrial production and assembly, manufacturing engineering, industrialization, Final Assembly Line (FAL) services, FAL integration, flight line services, Out Standing Works (OSW) & Out Located Works (OLW), quality conformance management, quality inspection, airlines services and Maintenance, Repair & Overhaul (MRO), at customer facilities worldwide or within our factories.

OPPO Launches Reno7 Series Redefines Smartphone Videography With Breakthroughs In Sensors, Camera Algorithm & Design

* Unveils world’s first exclusive Sony IMX 709, and Sony’s flagship IMX 766 camera sensors.

* Reno7 Series sports proprietary aircraft-grade LDI technology that allows for a starry finish yet matte feel; is fingerprint and scratch resistant

* Crisp photography and smooth multi-tasking with Reno7 Pro’s customized MTK Dimensity 1200 MAX

* ColorOS 12 sports futuristic UI design, vivid Omojis, and new security features

OPPO, the leading global smart device brand, announces the launch of OPPO Reno7 Pro 5G and the OPPO Reno7 5G. Priced at INR 39,999,  the “Portrait Expert” Reno7 Pro 5G will be available across online and mainline retailers, while the all-rounder Reno7 5G will be available on Flipkart at INR 28,999.

Unleashing Unlimited Potential in Portrait Photo & Video

Like its predecessors, the Reno7 series sets a new benchmark in smartphone portrait photography and videography. The OPPO Reno7 Pro’s 32MP selfie camera is backed by the IMX709, an RGBW (Red, Green, Blue, and White) sensor that was jointly developed by Sony and OPPO. It is 60% more sensitive to light and reduces noise by 30% when compared to the traditional RGGB (Red, Green, Green and Blue) sensor found on the Reno6 Pro. Its rear camera setup includes the flagship-grade 50MP Sony IMX766 sensor. Additionally, the Reno7 series leverages proprietary AI algorithms and imaging features such as:

* IMX766 SensorAI Highlight Video that detects ambient light in a scene and optimizes camera settings accordingly. With its 3D LUT (3D Lookup Table) color-tuning algorithm, it provides accurate colour tuning to enhance skin tones and make subjects stand out in portrait videos

* Bokeh Flare Portrait Video  that captures portrait videos with Bokeh light spots in the background just like a DSLR camera. On the Reno7 series, Bokeh Flare Portrait Video has been updated to further enhance skin tone especially in dark environments

* Portrait Mode intelligently applies a depth-of-field effect to the image background, including Bokeh light spots to make portrait subjects stand out. Users can choose from 25 adjustment levels to create realistic portrait photos.

Talking about the Reno7 Series Damyant Singh Khanoria, Chief Marketing Officer, OPPO India, said, “Technological innovations lie at the very core of OPPO’s product development. We aspire to set new benchmarks with our innovations in portrait videography and photography and are thrilled to announce the launch of our Reno7 series. Whether you are a new-age creator who wants a superphone that takes the guesswork out of shooting great photos and videos, or just someone who wants a sleek and stylish smartphone, the Reno7 Series is for you.” 

Stunning design with industry-first aircraft-grade LDI technology & OPPO Reno Glow

Graphical user interface, website

The OPPO Reno7 Pro 5G comes with a durable aluminium frame, but the rear of  both devices in the series sport the refined OPPO Glow design that has been enhanced with proprietary aircraft-grade Laser Direct Imaging (LDI) technology.

LDI, which is used to design PCBs in the aviation industry, has been repurposed to create 1.2 million micro etchings—just 20 microns in width—across the surface of the handset’s back cover. It creates a visual and textural illusion of shooting stars that shine and fade into the black galaxy as you hold up the phone in the light. These micron-scale etchings give the devices a matte in-hand feel and brushed finish on top of the OPPO Glow layer. 

The Reno7 Pro also uses 3D "breathing" lights around the camera module where a 1mm diameter fibre is bent to frame the camera area. Whenever the phone receives a call, message, or during charging, the fibre emits soft, pulsating lights.

OPPO has also re-envisioned the rear camera module. In its new Twin Moon Camera design, the upper half is decorated with metal and the lower half is coated with ceramic to provide a contrasting but premium appearance. The Reno7 series handsets come with 2.5D glass applied to both the front and back of the phones to give minimal look. Additionally, The Reno7 Pro is the slimmest Reno ever measuring just 7.45mm, with a total weight of 180g. On the other hand, Reno7 is 7.81mm thin and weighs 173g.

MediaTek chipsets for power-packed Experience

A picture containing text, electronics

Description automatically generatedThe OPPO Reno7 Pro 5G takes smartphone performance a notch higher with its exclusively customized 5G chipset - MediaTek Dimensity 1200 MAX. This SoC packs an ARM Cortex-A78 core with up to 22% faster CPU performance while also being 25% more power-efficient than the previous generation. Thanks to MediaTek’s Open Resource Architecture, OPPO has incorporated AI Deblur technology into the chipset. This proprietary deblurring algorithm sharpens faces in portraits affected by hand-held shaking. Additionally, the AI-PQ (picture quality) feature baked into the SoC enhances colour and contrast in HDR videos. It uses artificial intelligence to distinguish the subject matter on the screen—whether people, food, grass, sky, buildings, etc—and then uses different colours, sharpness, and other display effects for optimum output. 

The Reno7 5G is powered by MediaTek Dimensity 900 5G SoC, but like the MediaTek Dimensity 1200 MAX, it is built using the 6nm process for greater power-efficiency. The Reno7 series comes with OPPO’s proprietary RAM Expansion technology that allows you to run multiple memory-heavy apps with zero lag, and you also get enhanced connectivity.

The series comes with other features like 65W SuperVOOC flash charge that allows you to juice the phone’s 4500mAh battery to 100% within half an hour; also, just a 5-minute charge is enough to give users 4 hours of movie playback. For an immersive gaming experience, a top-of-the-line X-Axis Linear Motor has been added. In both devices, the AI Frame Rate Stabilizer evaluates the frame rate in real-time and provides stabilization accordingly to ensure smooth gameplay.

With Reno7 Pro 5G, customers will get 256GB storage and 12GB RAM. OPPO’s RAM Expansion technology which allows users to borrow an additional 3GB/5GB/7GB from storage capacity to work as RAM in extremely demanding conditions. That said, the Reno7 Pro’s 12GB RAM is more than adequate to handle modern-day smartphone tasks such as heavy-duty photo-editing or 3D gaming. 

Operating with Ease on the User-friendly ColorOS 12

The Reno7 series comes with OPPO’s new ColorOS 12 (based on Android 12). Page layouts and interactions in ColorOS 12 have been revamped to offer a clean and uncluttered UI. It also includes anti-peeping notifications for privacy where notification content is hidden if the phone detects someone else looking at your screen when messages pop up. In a first, ColorOS 12 offers Omoji that is boosted by OPPO's leading Face Capture algorithm. This feature allows users to express themselves through their personalized emoji avatar.

IoT Portfolio

IOTOPPO’s IoT portfolio, dubbed ‘Smart Life’, boasts cutting-edge technology that is created to meet the users articulated needs. As part of this vision, OPPO launched its Enco M32 neckbands in black earlier this year and is now all set to unveil a new green colour variant. The Bluetooth neckband earphones boast 20 hours of non-stop music playback with just 10 minutes of quick charge, an AI call-noise-reduction algorithm, an IP55 rating for water and dust resistance, and 10mm drivers. 

OPPO also announces the launch of its new smartwatch, the OPPO Watch Free, with a sleep monitoring feature “OSleep” that not only rates your quality of rest but also helps you understand your risk of sleep apnea.

Price, Availability, Offers of OPPO Reno7 Series & IoT

The Reno7 Pro 5G will be available on both online and mainline retailers, priced at INR 39,999 while the Reno7 5G will be available on Flipkart at INR 28,999. Customers can choose between two color variants Startrails Blue and Starlight Black for both devices. While purchasing the device, customers can avail interesting offers with all the top banks as well as benefits of OPPO Premium services. More details are to be revealed soon. Along with Reno7 devices, customers can also get their hands on the new green variant of the Enco M32. The device is priced at INR 1,799 starting 9th February 2022 across leading e-commerce platforms and OPPO store. The same can be purchased at a discount of INR 300 between 9th February and 11th February 2022 as part of introductory offers.

Accenture Names Manish Sharma As Chief Operating Officer; Yusuf Tayob To Become Group Chief Executive — Operations

* Current COO Jo Deblaere to retire after remarkable 38-year career at Accenture

Accenture (NYSE: ACN) today announced changes to its executive leadership team, naming a new chief operating officer and a new group chief executive of its Operations service. Each of these leaders exemplify Accenture’s Leadership Essentials.

Manish Sharma has been named chief operating officer, effective March 1, 2022, with responsibility for leading the company’s business operations and executing business strategy, protecting the company’s people and infrastructure and ensuring operational excellence, which includes the ongoing digital transformation of Accenture. Sharma most recently served as group chief executive — Operations, overseeing a comprehensive intelligent operations portfolio. Sharma also led the development of Accenture’s SynOps platform, which orchestrates the optimal combination of human + machine talent, driven by AI, data and insights, to create an evolved, intelligent operating model to deliver targeted business outcomes. A strong advocate for inclusion and diversity, Sharma has played a key role in fostering gender equality in Operations. Sharma founded the Accenture Rural program, through which Accenture partners with small business process services firms in rural areas in India. He and his wife also have established a trust that focuses on children’s education in India. Sharma is a 27-year veteran of Accenture and a member of the company’s Global Management Committee.

“Manish brings enormous expertise and extensive knowledge of what our clients need and how to digitally transform,” said Julie Sweet, chair and CEO of Accenture. “In his new role, Manish’s client centricity will continue to build our shared success with our clients as we help them transform every area of their businesses, and his commitment to inclusion and diversity will further strengthen our effort to create 360° Value for all our stakeholders.” 

Jo Deblaere, who has served as chief operating officer since 2009, will continue in the position until March 1, 2022, and plans to retire on September 1, 2022, after a remarkable 38-year career at Accenture. Among his many accomplishments as COO, Deblaere led the evolution of Accenture’s corporate investment and acquisition strategy for a decade. He helped design and implement two major operating model transformations; led the digitization of Accenture, which is now over 95% in the cloud and uses leading cloud-based software applications in all parts of its enterprise; created the company’s information security function; and, he developed leading enterprise risk management and business continuity programs. In addition, he served as group chief executive of Europe. Deblaere was active with Junior Achievement for many years, chairing the Board of Directors of Junior Achievement Europe and serving as a board member. Most recently, Deblaere joined the board of a non-profit hospital in his hometown.

“I am deeply grateful for the tremendous impact that Jo has made in his nearly four decades at Accenture, and for the essential role he has played in our evolution during one of the most transformative periods in our history,” said Sweet. “I want to particularly recognize Jo’s critical contributions during the pandemic — his leadership in business resilience and in-depth knowledge of how Accenture operates helped us move quickly, provide our clients with seamless service, and protect our people.”

Yusuf Tayob has been named group chief executive — Operations, effective March 1, 2022. Currently, Tayob is market unit lead for the US Midwest. Before his current role, he ran the Accenture Salesforce Business Group, a team of Accenture people who lead complex digital transformations and, previously, led Accenture’s Northeast and Southeast business for the Communications, Media & Technology industries. During his career with Accenture, Tayob has worked with over 100 client organizations in over 20 countries, bringing extensive experience in business strategy, operating model change, business process optimization and large-scale technology implementation. He serves on the Board of Directors of the T. Howard Foundation, promoting diversity in media, entertainment and tech industries. Tayob is a member of Accenture’s Global Management Committee.

“Yusuf brings a broad, diverse set of experiences and skills to one of our most innovative services,” said Sweet. “As our clients continue to create the tech-enabled, future-ready enterprise, Yusuf will help us realize opportunities to build on our momentum in Operations, continue to diversify into new functional and industry services and bring together the full expertise of Accenture to innovate for our clients.” 

Pidilite Limited Industries Recognized By Great Place To Work Among India’s Best Workplaces In Manufacturing 2022!

Pidilite Limited Industries has been recognized by Great Place to Work® India among -Top 30 India’s Best Workplaces in Manufacturing 2022! This recognition reflects every employee who reposes their faith in Pidilite and make us who we are today and brings life to our vision to be a “World Class High-Performing Indian Multinational where it is a Pleasure to Work”.

As a global authority on workplace culture, Great Place to Work® has been studying employee experience and people practices across organizations for over three decades. Every year, more than 10,000 organizations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking, and planning of actions to strengthen their workplace culture.

In its 5th edition this year, 132 organizations in the Manufacturing sector undertook this assessment. Based on a rigorous evaluation we have identified the Top 30 organizations among India's Best Workplaces in Manufacturing 2022. These organizations excel both on people practices that they have designed for their employees and act on the feedback to create a High Trust Culture.

Speaking on Pidilite being recognized as a Top 30 organizations among India’s Best Workplaces in Manufacturing 2022, Bharat Puri, MD, said, “This recognition reflects the views of every employee who reposes their faith in Pidilite and make us who we are today and brings life to our vision to be an Innovative, High-Performing Indian Multinational where it is a Pleasure to Work. As an organization we take pride in this moment, in true tradition we seek constant improvement to scale to even greater heights as we live our dream of Growing Stronger Together.”

The report and the complete list (in alphabetical order) of India’s Best Workplaces in Manufacturing 2022 can be viewed here.

Learn more at https://www.greatplacetowork.in/ and on LinkedIn, Twitter, Facebook and Instagram.

About Pidilite

Pidilite is a consumer centric Company committed to quality and innovation. For decades, it has been pioneering products for small to large applications, at home and industry, which have forged strong bonds with people from all walks of life.

From adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers and more, the Company’s product portfolio is as diverse as it is ever evolving. Today, its brands like Fevicol, Fevikwik, Dr. Fixit are trusted household and industrial names, and it is the market leader in adhesives.

A robust and growing network makes Pidilite products accessible across demographics and geographies. The Company has an annual turnover of ~Rs. 7300 Crore and employs over 6,000 people as part of its workforce.

Godrej Industries Ltd. Valia Plant, Gujarat Becomes First Chemical Manufacturing Facility To Achieve GreenCo Platinum Rating

* Godrej Industries now aims to achieve carbon neutrality, water neutrality and zero waste to landfill for this facility by 2026.

Godrej Industries Ltd. (Chemicals) has set a new benchmark by becoming the first chemical manufacturing company in the country to achieve a ‘GreenCo Platinum’ rating. The award was conferred by the CII-Sohrabji Godrej Green Business Centre (CII-Godrej GBC) for the company’s manufacturing facility in Valia (Gujarat) under GreenCo (Green Company Rating System). 

The GreenCo Rating System is envisioned to create a green movement in the country. The rating is based on ten key parameters- energy efficiency, water conservation, product stewardship and life cycle assessment, innovation, waste management, green supply chain, material conservation and recycling, green infrastructure and ecological, renewable energy, GHG emissions. It assesses and analyses the environmental impact of a company’s operations and points are assigned for each rating parameter after site assessment. 

In alignment with the Godrej ‘Good and Green’ objectives, in the last ten years, the facility has cut its specific energy consumption by 26%, water usage by 30% and reduced specific greenhouse gas (GHG) emissions by 46%. Its reliance on fossil fuel for steam generation has also reduced by more than 90% during the same period. Currently, 48% of the energy used in the facility are from renewable sources. Godrej Industries now aims to achieve carbon neutrality, water neutrality and zero waste to landfill as a group by 2026. 

On receiving the honour, Nitin Nabar - Executive Director & President (Chemicals) said, “This is a huge step forward in our quest for sustainable growth. It is the outcome of the team’s strong devotion and hard work. We will continue our efforts towards achieving circular economy objectives through process reengineering, innovation, green chemistry, and clean technologies. We also urge our suppliers to embrace our sustainable procurement policy and improve the ESG performance in their operations to achieve the joint long-term goal of achieving sustainable growth.”

K S Venkatagiri, Executive Director - CII Godrej GBC, added, “The continual, earnest efforts of Godrej Industries Limited, [at] Valia has earned them the GreenCo Platinum certification. With an all-rounded performance ranging from renewable energy to new technology deployment, GIL Valia along with Godrej group aims to achieve carbon neutrality, water neutrality and zero waste to landfill by 2026. We are extremely delighted to welcome Godrej Industries Limited, Valia, into the GreenCo fraternity once again.”

About Godrej Industries

Godrej Industries (Chemicals) is one of the oldest businesses of the Godrej Group, and is in the business of manufacturing oleo chemicals, derivatives and surfactants in India since 1963. Today, it is one of India’s leading oleochemicals players and exports to over 80 countries in North and South America, Asia, Europe, Australia, and Africa, etc

As a part of Godrej Good & Green, it is deeply committed to building a more inclusive and Greener India. In line with this, the company has made sustainability a key part of its manufacturing process and value chain. Its relentless focus on energy conservation has been consistently recognised by several industry bodies such as the Federation of Indian Chambers of Commerce and Industry (FICCI), Indian Chemical Council (ICC) and Confederation of Indian Industry (CII). 

In 1990, Godrej Industries set up their flagship manufacturing facility at Valia in Gujarat spread across 140 acres. This integrated manufacturing plant is ISO 50001:2018, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and all products manufactured are Kosher certified. The business has another manufacturing facility in Ambernath, Maharashtra which is also ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified.

Both of the facilities have earned several industry honours and accolades for its Green initiatives.

Garware Hi-Tech Film Lists On The National Stock Exchange (NSE)

* Move aimed at increasing Investor participation & enhancing Shareholder value  

Garware Hi-Tech Films Ltd. (formerly Garware Polyester Ltd.), the flagship company of Garware Group and a leading player in specialty Polyester Films in India and Worldwide today listed its shares on the National Stock Exchange (NSE). Prior to today company’s shares were listed solely on the Bombay Stock Exchange (BSE).

Speaking on occasion of the listing ceremony at NSE, Ms. Monika Garware, Vice-Chairperson and Jt. Managing Director, GHFL said “After launching new product lines, re-branding our products and changing company’s name to align with our new vision and growth strategy, the next logical step was to list on NSE, India’s premier stock exchange. Listing on NSE shall provide an additional platform for new investors to participate in GHFL’s growth journey, increase investor participation and enhance value for all shareholders.”  

About Garware Hi-Tech Films Limited

Garware Hi-Tech Films Limited (formerly Garware Polyester Ltd.) (BOM: 500655) is the flagship company of the Garware Group co-promoted by the Chairman and Managing Director Mr. S.B. Garware in the year 1957 along with the Founder-Chairman Late Padmabhushan Dr. B. D. Garware. The company makes Hi-Tech specialty performance polyester Films in India and has its State-of-the-Art manufacturing facilities at Aurangabad in Maharashtra, India. GHFL is the pioneer and one of the largest exporter of Polyester Films in India and the winner of top exporters’ awards for continuous 33 years from PLEXCOUNCIL.

Garware Hi-Tech Films Ltd.’s (GHFL) manufacturing facility in Aurangabad is vertically integrated, from manufacture of polyester chips to the finished product of polyester films with four independent manufacturing lines and a business that spans the globe.  Polyester Films are used for variety of end-applications such as PET Shrink films for Label application, Low Oligomer PET films for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. GHFL is also the market Leader and India’s only manufacturer of Sun Control window films for Building, safety and auto applications. The company has facilities for manufacturing various coated products and co-extruded products for specialty application, apart from its capacity to design the recipe for raw material of PET films to suit the end application of the product.  The company has also developed surface-protection films and Paint Protection Films designed to deliver the highest level of protection and impact resistance which has applications in many sectors.