#Garware Hi-Tech Films

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Garware Hi-Tech Films' expands portfolio

Garware Hi-Tech Films, a global provider of films for diverse applications, with expertise in polyester films (BOPET), is expanding its portfolio to help meet market demands for innovative solutions such as shrink, thermal, lidding, and liner films.

With a legacy of over 90 years, the Maharashtra-based company’s films stand out for their superior UV protection and energy efficiency in production. According to Manish M Kulkarni, deputy general manager of R&D (IPD – new product development), the company recently developed C-PET high-shrink films, which he describes as a significant step toward sustainable innovation.

In automotive applications, Garware’s Paint Protection Films redefine durability. Designed to safeguard vehicles against scratches, stains, and environmental damage.

“Garware has carved a niche in the labels and packaging industry by offering a dozen varieties of PET-G shrink films, setting the highest production capacity in India. These high-performance films are the first choice for businesses seeking reliable and innovative packaging solutions. We are known in the industry for our suncontrol window films, paint protection films, and polyester films.”

Kulkarni says Garware’s suncontrol window films have revolutionized energy efficiency in residential, commercial, and automotive applications. “These advanced films enhance cooling efficiency, significantly reducing energy consumption while ensuring comfort and sustainability. By prioritizing environmental impact, these films empower businesses and individuals to embrace a greener future. Garware’s films stand out for their superior UV protection and energy efficiency.”

The company’s manufacturing facilities are equipped with advanced technologies, including bi-axial orientation of polyester films through the extrusion process to manufacture films. On trends, he says the Indian packaging and labeling industry is experiencing a consistent upward trend, driven by increased demand for innovative and eco-friendly packaging solutions.

“We ensure a tight and glossy appearance for packaging, offering sustainable alternatives to traditional PVC shrink films for PET bottles and cans, and reinforce a long-lasting performance in diverse applications and specialized uses like wine cap seals and UV-stabilized solutions.,” he says.

Kulkarni says Garware’s success is rooted in its ability to deliver high-quality products backed by strong customer service. “It is growing steadily by introducing new products across diverse market segments with substantial growth potential. The company’s infrastructure and workforce are working towards pushing the boundaries of innovation. We aim to develop sustainable, energy-efficient, and cost-effective products that meet evolving market needs and expand our product portfolio extensively.”

[vijay34]

Global Paint Protection Film Market: Key Drivers, Challenges, and Opportunities

Increasing Automotive Customization and Demand for Surface Protection Drive Growth in the Paint Protection Film Market.

The Paint Protection Film Marketsize was USD 529.40 Million in 2023 and is expected to reach USD 894.80 Million by 2032 and grow at a CAGR of 6.01 % over the forecast period of 2024-2032.

The Paint Protection Film (PPF) Market is driven by increasing demand for automotive surface protection, durability, and aesthetic preservation. Paint protection films, made from polyurethane or polymer-based materials, act as a shield against scratches, UV damage, road debris, and chemical exposure, extending the lifespan of vehicle exteriors and other surfaces. Originally popular in the automotive industry, PPF is now expanding into electronics, aerospace, and architectural applications due to its self-healing and weather-resistant properties.

Key Players

3M 

Saint-Gobain 

Avery Dennison Corporation 

Eastman Chemical Company 

XPEL, Inc. 

Ziebart International Corporation 

Renolit SE 

Garware Hi-tech Film Ltd 

Schweitzer-Mauduit International, Inc. 

Hexis S.A.S 

Emerging Trends and Future Scope

The Paint Protection Film Market is rapidly evolving with advancements in nanotechnology, self-healing coatings, and enhanced durability. The automotive sector remains the dominant consumer, as luxury car owners and fleet managers prioritize high-quality protective solutions. Meanwhile, the rising popularity of electric vehicles (EVs) is fueling demand for PPF to safeguard expensive paint finishes and composite materials.

Additionally, smart PPF with hydrophobic and anti-fingerprint properties is gaining traction in consumer electronics, helping protect smartphones, tablets, and wearable devices. The market is also seeing increased adoption in commercial buildings and aerospace, where protection against harsh weather, corrosion, and physical wear is critical. As consumers become more eco-conscious, manufacturers are focusing on biodegradable and sustainable PPF alternatives.

Key Market Points

Rising demand in the automotive industry for premium and luxury vehicle protection

Expanding applications beyond automotive, including electronics, aerospace, and architecture

Advancements in self-healing and hydrophobic coatings for enhanced durability

Growing interest in eco-friendly and sustainable PPF solutions

Increasing use of PPF in electric vehicles (EVs) to protect lightweight and high-value components

Conclusion

The Paint Protection Film Market is poised for robust growth, driven by increasing awareness of long-term surface protection, technological advancements, and expanding applications. As industries prioritize durability, aesthetics, and sustainability, the adoption of high-performance and smart PPF solutions will continue to rise. Companies investing in next-generation materials, improved self-healing technologies, and eco-friendly innovations will lead the future of the paint protection industry.

Read Full Report: https://www.snsinsider.com/reports/paint-protection-film-market-3009                       

Contact Us:

Jagney Dave — Vice President of Client Engagement

Phone: +1–315 636 4242 (US) | +44- 20 3290 5010 (UK)

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The Benefits of Using PET Film for Flexible Packaging Solutions

In today’s fast-paced consumer market, packaging is no longer just about protection. It is a critical component of branding, sustainability, and functionality. As industries seek innovative materials to meet evolving demands, PET film (polyethylene terephthalate) has emerged as a frontrunner in flexible packaging solutions. It is known for its versatility and transforms how businesses approach packaging design. If paired with a reliable polyester film supplier like Garware, companies can unlock unparalleled durability, aesthetics, and environmental responsibility advantages. Let’s explore the revolutionizing flexible packaging.

1. What is PET Film?

It is a lightweight, transparent polyester film renowned for its exceptional mechanical and chemical properties. Derived from polyethylene terephthalate, the same material used in plastic bottles, PET film is engineered to offer high tensile strength, clarity, and resistance to moisture, heat, and chemicals. These attributes make it ideal for applications ranging from food packaging to electronics, where reliability and visual appeal are paramount.

2. Key Benefits of PET Film in Flexible Packaging

1. Superior Durability and Strength: The high tensile strength ensures packaging remains intact during transportation, storage, and handling. Unlike traditional materials, it resists punctures and tears, making it perfect for heavy-duty applications like industrial product wraps or reusable pouches. This durability extends shelf life by safeguarding contents from physical damage.

2. Exceptional Clarity and Aesthetic Appeal: First impressions matter, and PET film delivers glass-like transparency that showcases products vividly. Its glossy finish enhances print quality, allowing brands to create eye-catching designs for labels, laminates, and shrink sleeves. Whether used for snack packaging or luxury cosmetics, it elevates brand visibility.

3. Advanced Barrier Properties: PET film acts as a robust barrier against moisture, oxygen, UV rays, and contaminants. This is crucial for perishable goods like pharmaceuticals and fresh food, where maintaining product integrity is essential. By preventing spoilage and preserving flavour, this film reduces waste and boosts consumer trust.

4. Lightweight and Cost-Effective: Despite its strength, PET film is remarkably lightweight, lowering shipping costs and carbon footprints. Its efficiency in material usage translates to savings without compromising performance - a win-win for budget-conscious and eco-aware businesses.

5. Sustainability and Recyclability: As industries pivot toward circular economies, PET film stands out for its recyclability. Many PET films are compatible with existing recycling systems, aligning with global sustainability goals. Innovations like biodegradable variants further cement its role in eco-friendly packaging.

3. Choosing the Right Polyester Film Supplier

The benefits of PET film can only be fully realized when sourced from a trusted polyester film supplier. Factors like manufacturing expertise, quality certifications, and technical support are critical. A reputable supplier ensures consistent material performance, compliance with safety standards (e.g., FDA, ISO), and tailored solutions for specific needs.

4. Why Partner with Garware Hi-Tech Films?

Innovation-driven: They invest in R&D to create films that meet evolving market demands, such as high-barrier coatings for extended shelf life.

Sustainability Commitment: Their eco-conscious production processes and recyclable films support brands in achieving sustainability targets.

Global Standards: With certifications like ISO 9001 and FSSC 22000, they guarantee quality and safety across industries, from food to electronics.

By collaborating with Garware Hi-Tech Films, businesses gain access to PET films that balance performance, aesthetics, and environmental responsibility - key drivers in today’s competitive landscape.

Conclusion

PET film is reshaping flexible packaging with its unmatched durability, clarity, and eco-friendly potential. To maximize these benefits, partnering with an industry leader like Garware is essential. As a forward-thinking polyester film supplier, Garware empowers brands to innovate while meeting sustainability goals.

Ready to elevate your packaging strategy? Explore Garware’s PET film solutions and discover how their expertise can transform your products’ protection, presentation, and planetary impact.

[thenetionalnews]

Garware Hi-Tech Films Q4 profit soars 42% to Rs 45 cr, revenue jumps 12%

Garware Hi-Tech Films Q4 profit soars 42% to Rs 45 cr, revenue jumps 12%

Leading specialty polyester films exporter Garware Hi-Tech Films Ltd’s (GHFL) profit after tax soared by around 42 per cent to Rs 45.12 crore in January-March 2021-22. GHFL had posted a PAT of Rs 31.80 crore in the last quarter of FY2020-21, the company said in a statement. Its revenue on a consolidated basis rose by over 12 per cent to around Rs 324 crore in the last quarter of FY22 compared…

[thelegend9798]

Garware Hi-Tech soars after Q4 PAT jumps 42% YoY

Garware Hi-Tech soars after Q4 PAT jumps 42% YoY

Garware Hi-Tech Films rose 8.01% to Rs 673.85 after the company’s consolidated net profit rose 41.89% to Rs 45.12 crore on 12.43% rise in net sales to Rs 323.51 crore in Q4 March 2022 over Q4 March 2021. On a consolidated basis, profit before tax rose 26.15% year-on-year to Rs 58.80 crore in Q4 March 2022. EBITDA jumped 21.44% to Rs 70.57 crore during the period under review. Total expenses rose…

[futurecapstocks]

Garware Hi Tech Films Ltd MULTIBAGGER ANALYSIS 2021

Garware Hi Tech Films Ltd MULTIBAGGER ANALYSIS 2021

Garware Motors Pvt. Ltd. furthermore, advanced by Late Padmabhushan Dr. Bhalchandra Garware, the beginning of Garware Hi-Tech Films Ltd traces all the way back to 1933. At that point,they were occupied with exchanging imported vehicles. In 1981, the organization was renamed to Garware Polyester Ltd., with the change in concentration to polyester film producing. Today, they are the main makers,…

[secretbreadtraveler]

Garware Hi-Tech Films Limited was successfully launched in 1957. Garware Polyester Ltd is a class apart. They are the result of a single-source, vertically integrated manufacturing process.

The films are manufactured in a state-of-the-art, ISO-9001:2015 certified facility that makes just about everything that goes into their protection films, from the base petrochemical intermediate (DMT) right down to the finished products. This eliminates dependency on other manufacturers enabling complete control over the entire manufacturing process—from polymers to packaged goods. That’s important because it ensures high quality and ultimately, total consumer satisfaction.

Garware Polyester Ltd is one of the three companies worldwide who possesses the competency to produce dyed polyester film. We also command significant presence in USA, South America, Russia, China, Far East & Europe. In fact, more than 80% of this world class product is exported.

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Top Funding Announcements Made By Startups In 2019

Riding the emerging tech wave and flooded with new funding, many Indian companies, startups and unicorns have seen great investments coming their way. The year 2019 saw many startups budding into thriving business houses, thanks to their investors.

In this article, we list down the top funding announcements made by companies in India in 2019:

January

WayCool, a Chennai-based farm product delivery startup raised  ₹120 crore in both equity and debt from LGT, a Europe-based prominent angel investor and institutional lender. The objective of this funding round is to further expand their footprint and enter the Western market.

Fractal Analytics raises funds and may be valued at $400 million. Apax Partners was in talks to pick up a majority stake making it one of the biggest shareholders in the analytics company. It is one of the most well-funded AI and analytics service providers in India. The investment from Apax is in the line of backing cutting-edge technology companies.

Groww, a data science-based investment platform raised $6.2 million in Series A round of funding from Sequoia Capital. Y Combinator, Propel Venture Partners and Kauffman Fellows also participated in the round. The funds will be used to build its technology platform to scale up and introduce new investment options such as stocks as well to launch newer products. 

February

Aureus Analytics raised $750,000 as closing investment from Connecticut Innovations, a US-based venture capital arm. The investment is part of a total fundraiser of $3.1 million and the company was selected as an early winner of VentureClash. It will be used by Aureus Analytics to drive growth, geographic expansion in the North American market and scale-up their technological and product development. 

NIRAMAI Health Analytix raised $6 mn in Series A funding led by Dream Incubator, a Japanese VC firm. The funding also saw participation from BEENEXT and other investors like Binny Bansal, Co-founder, Flipkart, pi Ventures, Axilor Ventures and Ankur Capital. It will be used for scaling its operations in India, hiring top talent and getting additional regulatory approvals for international expansion.

Bangalore-based investment tech startup Smallcase raised $8 million in a Series A round of funding led by Sequoia India. Investors who participated in the funding round included Straddle Capital, Blume Ventures, Beenext Pte Ltd, WEH Ventures and DSP Adiko. They will use the funding amount to build a platform to enable retail brokerages to more products to their client base. 

Vidooly, e-sports analytics venture, raised ₹ 71 lakh from Times Internet and ₹14.3 crore from Alibaba. It was conceptualised and launched as an online video intelligence and analytics platform for content creators, brands, multi-channel networks, agencies and media companies. Vidooly entered the $100 billion online gaming and esports market with its new product eSports Analytics.

Dunzo was funded by Cognizant’s co-founder and former CEO Lakshmi Narayan where it raised $3.1 million in total from their Series C funding. The Bengaluru-based app got big names such as Narayanan, Blume Ventures, Raintree Family Office (family office of the stationary giant Camlin), and Monika Garware Modi, vice chairperson and joint MD at polyester film manufacturing company Garware Polyester, as its backers.

FourKites raised $50 million in Series A funding to expand their India team. It included Silicon Valley-based investors such as August Capital, Bain Capital Ventures, CEAS Investments and Hyde Park Angels. The company hopes to add another 200 employees in Chennai and another 150 in their US office.

March

TartanSense, a Bengaluru-based AgriTech and robotics startup raised $2 million in seed funding, led by Omnivore, Blume Ventures, and BEENEXT. With this TartanSense plans to scale their first product, BrijBot, a weed spraying robotic solution, for small cotton farmers. 

Singapore-based Tookitaki grabbed US$7.5m in Series A funding round. This funding round was led by Illuminate Financial, and existing investors who participated were Jungle Ventures, Enterprise Singapore, Supply Chain Angels, VWX Capital and senior banking executives.

Frontdesk AI, a Palo Alto and Bengaluru based startup that develops AI assistants for small businesses, raised funding from Pi Ventures. The startup raised an additional $2 million in funding, bringing its total seed funding to $4.2 million. The funding will be used to accelerate product development, increase customer acquisition and investigate new vertical markets.

April 

Neewee, a Bengaluru-based startup that works with data-centric predictive and IoT solutions, raised $4 million (₹27 crore) in their Series A funding. IIFL Asset Management Ltd purchased a minority stake in this round. Neewee’s flagship product Bodhee help manufacturing companies digitise their systems and processes in six weeks to personalise manufacturing.

Analytics Software-as-a-Service company CleverTap raised $26 million in a funding round led by Sequoia Capital India, Tiger Global Management and Accel Partners. The company currently offers a mobile marketing platform to app developers, with marketing automation across a wide variety of interactive mediums.

Bengaluru-based healthcare startup SigTuple raised $16 million in the Series C round of funding. It was led by Accel Partners, Chiratae Ventures, Pi Ventures and Flipkart co-founder Binny Bansal. 

Vue. ai, an Indian-US startup that develops artificial intelligence platforms to help online retailers work more efficiently and sell more, raised $17 million in a Series B funding. This round was led by Falcon Edge Capital, with participation from existing investors Sequoia and Global Brains (KDDI Japan).

Bengaluru-based health-tech AI startup mfine announced that they had raised $17.2 million in Series B funding. The investment was led by Japan-based venture group SBI Investment, SBI Ven Capital, BEENEXT, Stellaris Venture Partners, and Prime Venture Partners. It plans to build its AI technology and expand the recently launched additional services such as medicines, preventive health screenings and diagnostic tests.

Altizon Inc, a global industrial IIoT platform company announced series A+ funding round of $7 million. This round was led by TVS Motor Company (Singapore) Pvt. Limited, the Singapore-based subsidiary of TVS Motor Company along with The Hive, Wipro Ventures, and Lumis Partners, among others. It plans to use the funds to strengthen its international presence and continue its investments in IP development.

May 

TheMathCompany announced that they had received funding from venture capitalist Arihant Patni in his personal capacity. With the new funding, TheMathCompany will build next-generation platforms and enhance the customer experience.

Locus, a logistics optimisation startup secured $22 million in a funding round led by Falcon Edge Capital and its peer firm, Tiger Global along with its existing investors. The industry’s growth will be mainly fuelled by the strides in manufacturing retail, fast-moving consumer goods including e-commerce sectors.

June 

Wysa, an AI conversational agent that help improve mental health, raised about $2m in a pre-Series A round of funding. This funding round was led by pi Ventures, with participation from Kae Capital and other investors. The founders aim to use this funding amount to further strengthen their technology and for expansion.

Open, a startup focused on neo-banking, recently announced that they raised ₹210 crores ($30 million) in a second round of funding. The Series B round, led by Tiger Global Management, saw the funds being set aside for scaling, launching more products and value-added services.

Singapore-based AI startup Active.ai raised $3 million from InnoCells. Its current investors include Kalaari Capital, Vertex Ventures, Dream Incubator, Chiratae Ventures, CreditEase Fintech Investment Fund, and Dream Incubator.

Mahindra and Mahindra, one of the biggest conglomerates in India, recently purchased an 11.25% stake in a Switzerland-based agri-tech company, Gamaya for a total of ₹30 crore. Mahindra’s foray into AI-based agronomy solutions could begin an age of using ML for smarter and more sustainable farming practices.

July

Data democratisation startup Atlan secured a Series A funding for $2.5 million led by WaterBridge Ventures. Atlan has also been backed by Ratan Tata, Rajan Anandan, Manoj Menon and Hatcher, among others. Atlan intends to improve their product development and sign more customers.

Aishwarya Rai along with her mother Vrinda KR made their debut as an angel investor and invested INR 50 Lakh each in Ambee, a Bengaluru-based environmental intelligence startup. It has also raised funding from Venture Catalysts, Amit Agarwal in December 2018.

Singapore headquartered startup, Near, raised $100 million from a single backer, Greater Pacific Capital (GPC). With the funding amount, it aims at expanding and adding more people with the funding amount.

August

Resonance raised an undisclosed angel funding from IP Ventures. It intends to use the funds raised in the hiring of more engineers and the expansion of its sales footprint in international markets.

H2O.ai announced that it has secured $72.5 million in a Series D round, bringing the total funding to $147 million. Since its founding in 2012, H2O.ai has been on a mission to democratize AI for everyone. With this new round of investment, the company plans to accelerate innovation and expand sales and marketing globally. 

vPhrase Analytics secured a Series A funding for $2 million from Bharat Innovation Fund and Falcon Edge Capital. It will use funding amount to launch their new product Explorazor and hire more experienced staff to guide them along.

Uniphore, a global conversational AI technology company in the U.S., India and Singapore announced that it raised $51M in Series C funding led by March Capital Partners, with participation from Chiratae Ventures (formerly IDG Ventures), Sistema Asia, CXO Fund, ITP, Iron Pillar, Patni Family, along with other investors.

Lendingkart Technologies Private Limited, raised a fresh equity round of INR ₹21 crore led by existing investors including Fullerton Financial Holdings Pte Ltd, Bertelsmann India Investments and India Quotient. The company will use it to reach small and underserved micro-enterprises and further strengthen its technological and analytics capabilities.

See Also

DataRobot raised approximately $200M in a Series E funding round in the ballpark led by Sapphire Ventures. Company will use it to advance the development of its automated machine learning and AI software. 

Spyne, an AI-based SaaS startup that helps creative professionals such as photographers has raised seed funding led by Smile group and other angel investors. The company is already on a high growth path. It has signed up more than 700 photographers in the last 10 months.

ThoughtSpot closed its $248 million in funding at a valuation of $1.95 billion in an oversubscribed round, bringing the company’s total funding to $554 million. It will continue to invest in its go-to-market teams in North America, EMEA, and APAC to meet growing demand, expand R&D efforts, including hiring for its engineering and product teams

September

Vianai reportedly raised $50 million as seed funding from undisclosed investors. Vishal Sikka demonstrated a new AI platform vision during his keynote address at Oracle Open World.

Noted explainable AI engine startup Fiddler Labs announced that they have raised $10.2 million in Series A funding to accelerate their work in building breakthrough artificial intelligence engine with explainability at its heart. Lightspeed Venture Partners and Lux Capital led this round, with participation from Haystack Ventures and Bloomberg Beta.

Darwinbox concluded a new round of funding, closing at a whopping $15 million. This round was led by Sequoia India and existing investors Lightspeed India Partners, Endiya Partners, and 3one4 Capital. It plans to expand across India and Southeast Asia and build out an ecosystem of integrated third-party solutions providers on its platform.

Aquaconnect announced having raised a seed round of $1.1 million from Omnivore and HATCH. An AI-enabled platform, Aquaconnect integrates Asia’s leading network for aquaculture farmers with predictive SaaS tools for farm management and an omnichannel marketplace.

InMobi raised $45 million for its new locked screen news app Glance, its first B2C product ever. The funding came from noted firm Mithril Capital. Glance is an artificial intelligence-driven, personalised content platform that works on the lock screens of smartphones. 

October

Fireflies.ai announced having raised $5M seed round led by Canaan and other individual investors. the startup intends to use the funding amount to scale-up their engineering in Hyderabad and Bengaluru, bring in more machine learning solutions, add additional language support and expand its customer base in India

Central Government is reportedly set to fund 100 startups to use its artificial intelligence-powered language platform. This platform, which will be used for translation services in numerous languages, will be opened for private use to allow both MNCs and startups alike for their language translation needs.

Bangalore startup Vahan.ai raised an undisclosed amount of funding from Khosla Ventures, Founders Fund and Pioneer Fund. With Vahan.ai, job seekers can land a job within 24 hours and can help in effective onboarding of these employees in high volumes. 

November

Automation Anywhere announced that it has received $290 million in Series B funding at a post-money valuation of $6.8 billion. The new capital will help Automation Anywhere accelerate its vision to empower customers to automate end-to-end business processes – bridging the gap between the front and back office with an artificial intelligence-powered intelligent automation platform.

Paytm announced that it is planning to invest ₹500 crore in early startups who have capabilities to augment the digital ecosystem for the next wave of growth. The company will be focusing on artificial intelligence-based technology and big data solutions for new innovations which in turn will generate a workforce.

December

Accel India raised $550 million for its 6th fund to put resources into early-stage startup companies in India. Accel said it will concentrate on its core areas of interest: consumer tech, B2B (business-to-business) tech , programming and software, fintech and health tech. 

Observe.ai concluded its Series A round of funding, closing at a whopping $26 million. This round was led by Scale Venture Partners with participation from Steadview Capital, 01 Advisors, and their other existing investors.  m.Paani, a Mumbai-based start-up secures $5.5 million in Series A funding, backed by previous Pre-Series A investors like Blume Ventures and formerly IDG Ventures, Chiratae Ventures. It endorses the ‘Kiranas’ and their intervention has benefited thousands of local retailers.

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