Garware Technical
Fibres Ltd (GTFL) becomes a leading global player in providing aquaculture
solutions for farmed salmon. The company has dominant market-share in
high salmon-farming countries like Norway, Chile, Scotland, Canada, among
others. GTFL has become the preferred brand in the farmed salmon aquaculture
with anti-predator nets, and protection cages in Chile and Canada, where both
sea lions and seals pose a challenge to salmon farms. GTFL counts the biggest
global aquaculture players among its clients and significant part of GTFL
revenue comes from aquaculture.
Vayu Garware,
Chairman and Managing Director, Garware Technical Fibres, elaborated on the growth, “The demand for our
specialised aquaculture solutions has seen a very good growth in demand
globally in the last nine months. We are extremely happy to note that globally
one-in-three farmed salmon is either protected or kept healthier with GTFL’s
aquaculture solutions. Our philosophy has been Better Ideas in Action,
which helps keep improving our solutions by listening keenly to our customer
needs and apply R&D for creating innovative products for differentiated and
improved application for our customers.â€Â
The HORECA segment, of
hotels, restaurants, and catering businesses, has seen a downturn during this
pandemic due to lockdown measures across countries; however the delivery and
take-out services of salmon has seen a significant rise globally. The highly
beneficial immunity-boosting properties of bio-available Omega 3S in salmon is
considered as a significant reason for this growth in home salmon consumption.
GTFL supplies
aquaculture solutions to all the top salmon farming markets with its range of
aquaculture solutions like grow-out cages, predation mooring systems, sea-lice
control, and anti-fouling solutions, to help increase the operational
efficiency of salmon farms, and also aid in more sustainable salmon farming.
GTFL was established
since 1976 and is headquartered in Pune, India.