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| Exchange Disseminated Time | Garware Synthetics Ltd has informed BSE that the Company has regained its market share of Nylon 66 material after a period of around 10 years. The Company has also recaptured its market shares of Nylon 66, which was unfortunately lost to imports in the past. The Company has regained its orders from the Industrial Giants such as Colgate, Hindustan Lever Ltd, Balsara and Ajanta & Others. This positive result has come up due to a continuous follow up and feed back response system from other companies also.
The Company is thankful to the market operators as well as the customers who have always rested their undying support for the quality products manufactured and supplied by the Company. The current market response to the Company's existing product line as well as that of Nylon 66 is due to the constant efforts of the Company's administrative and marketing network, which is active at the domestic as well as international level.
The Company has received a good responses from the then marketing conditions and similar kind of responses is in the process of being cultivated in the current scenario as well, post the period of balance sheet as on June 30, 2004.
The Management expects to concentrate on the manufacturing activities in the field of New Monofilaments as substitutes to imports, which are currently not manufactured in India. |
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