The Company was promoted by Late Dr. Padmabhushan
B.D. (Abasaheb) Garware,
founder of several Garware Companies. The Company
was incorporated on 8th
August, 1975 named as 'Modern Nets Limited' in the state of Maharashtra and obtained its Certificate of
Commencement of Business on 29th
March, 1976. The Company's name was changed to 'Garware Marine Industries Limited' on 17.12.1981.
Company's Chairman, Mr. Ashok Garware, is the son
of Late Dr. Padmabhushan Abasaheb
Garware, the founder of the Company. The other
Companies promoted by the Garware family are Garware Polyester Limited, Garware
Wall Ropes Limited and Garware Offshore Services
Limited (Formerly Garware Shipping Corporation
Limited). The management of each of these companies are
separate and the Companies run independently. The family is in business for
the past six decades.
Mr. Ashok Garware is the Chairman of the Company
born in 1938. He had his entire education in England, first at Dulwich
subsequently at Cambridge
University, where he
attained the Economic Tripos. He held several
important positions in various associations. In the past he was president
of Bombay Chamber of Commerce and Industry, President of Association of
Synthetic Fibre Industry, Trustee - Bombay Port
Trust and Member of Western Regional Committee of IDBI.
Mr. Aditya A. Garware
(Son of Mr. Ashok B. Garware) is a MBA from
Lehigh University, USA and is associated with the Company for more than 10
Mr. V.V. Desai has Administrative and Marketing Experience of over 17 years
in various fields like Paints, Rural Products, Appliances and Fishing Nets.
Presently, he is engaged in the field of providing solution to solve
Chronic Liquid Pollution problems created by various Industries. The
Company promoted by him has successfully developed the formulations for
"TREATMENT & RE-CYCLING OF LIQUID WASTE FROM INDUSTRIES LIKE
DISTILLERY, TEXTILE, DAIRY, PAPER, and SUGAR ETC."
Dr. B.M. Saraiya is a Senior General Practioner (MBBS) with over 35 years of experience in
both private practice and in Government Organisations
as B.E.S.T. and Air India.
He is also the Architect of claim processing in start up of new Third Party
Insurance. He is presently a Life Member of reputed Medical Organizations
viz., Indian Medical Association, General Practioners
Association and others. He is also a recipient of many awards from the
Medical Fraternity. He also has experience in Administration of Medical
Mr. S.V. Atre, Executive
Director, is a qualified engineer with a degree in B.SC. ENGG.
ELECTRICAL. He has obtained his diploma in Marketing management from Jamnalal Bajaj Institute (Mumbai University). He
has working experience of over 30 years in engineering industry. He was
associated previously with Chicago Preumatic India
Ltd. (now merged with Atlas Copco). He has
been associated with the company for over 4 years.