Garware Marine Industries Share Price Live

Garware Marine Industries Ltd is one of the few Net Makers in the organized sector. The company caters to Fishing Industry situated along the coastline of India. They manufacture Nylon Fishing Nets in various sizes. Their products are sold under the 'Garware' brand. The company is headquartered in Mumbai and their factory is located at Ahmednagar in Maharashtra. Garware Marine Industries Ltd is a public limited company incorporated on August 8, 1975 with the name Modern Nets Ltd. The company was promoted by the Late B D Garware, founder of the Garware Group of Companies. In March 29, 1976, the company commenced their operations. In December 17, 1981, the name of the company was changed from Modern Nets Ltd to Garware Marine Industries Ltd. During the year 2005-06, the company increased the production capacity of Fish Knitted Fabrics from 256 MT to 384 MT. During the year 2007-08, the company installed three new net making machines at the Ahmednagar plant. In July 2008, they commissioned all the machines and started commercial production. The company has decided to new more machines in the factory. They have ordered new machines from Japan. These machines are expected to commence their operations during the financial year 2009-10.