Draft:Shashikant Garware
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Shashikant Garware | |
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| Born | Shashikant Bhalchandra Garware 5 November 1934 Mumbai India |
| Occupation | Industrialist |
| Nationality | Indian |
| Alma mater | Dulwich College, London |
Shashikant Garware (born 5 November 1934) is an Indian industrialist who is the founder Chairman and Managing Director of the Garware Hi-Tech Films Limited (formerly known as Garware Polyester Limited). He is considered[by whom?] as the doyen of polyester revolution in Indian which he embarked upon in June 1957.[1]
Early life and education
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Shashikant Garware was born in Bombay on November 5, 1934. He is the son of Padma Bhushan Abasaheb Garware. After completing his basic education, he went to London to pursue further education at Dulwich College, and then Business Management at the University of Edinburg, UK. In 2022, Mumbai University conferred an honorary D. Litt. for his outstanding contributions in the polyester industry and philanthropics ervices to society.
Career
Garware returned to India in 1951 and joined his father at Garware Motors Ltd. They then got involved with in a new venture of polyester films in 1957, Garware Polyester Ltd now known as Garware Hi-Tech Films Ltd.[2] (GHFL). Garware brought U.V. Stabilized Polyester Film to India in 1982. The U.S. Patent Authority issued a patent for this product because of its efficiency and energy saving.[3]
Philanthropy
Garware Charitable Trust was established in 1962. The Trust makes charitable donations for education institutions and to various hospitals and healthcare centres.[citation needed] For the promotion of sports, financial aid was extended by Garware Trust to BCA, Bombay Cricket Association, which named the club house and the members pavilion of Wankhede Stadium as Garware Club House.[4] The Garware Community Centre was established in 1993 at Aurangabad.[citation needed] To facilitate and promote sports and cultural activities by people in and around Aurangabad, financial help was given to Aurangabad Municipal Corporation to develop the Stadium in MIDC Chikalthana Area and it is known as Garware Stadium.[5]
Garware was a Director on the Central Board of the State Bank of India and Life Insurance Corporation of India. He was also an Honorary Consul General of Turkey for their Western India Office, and President of Maharashtra Chamber of Commerce and Industry during.[6]
Honours and awards
In 2022, Garware was conferred an honorary D.Litt. degree by the Governor of Maharashtra and Chancellor of Mumbai Shri Bhagat Singh Koshyari.[citation needed] He was awarded Gold Sheild for Import Substitution by the Government of India in 1981[citation needed] and was awarded Plexconcil,Top Exporter’s Award by the Government of Indiafor GHFL for the export of high-tech polyester films for more than three decades consecutively.[7]
References
- ^ "Dr. Shashikant Garware: The doyen of the polyester revolution in India". Financialexpress. 29 May 2024. Retrieved 12 July 2024.
- ^ "Garware Hi-Tech Films Limited". Garware. Retrieved 12 July 2024.
- ^ "Garware". Maha Brands. Retrieved 12 July 2024.
- ^ "Garware's 85-year-old CMD Seeks Fresh Term amid Charges of Corporate Mis-governance". Moneylife NEWS & VIEWS. Retrieved 12 July 2024.
- ^ "CEO Shashikant Garware, Garware Hi-Tech Films Limited's (NSE:GRWRHITECH) largest shareholder sees value of holdings go down 12% after recent drop". simplywall.st. 24 October 2023. Retrieved 12 July 2024.
- ^ IANS (17 September 2019). "Garware CMD seeks fresh term amid charges of corporate misgovernance". TheQuint. Retrieved 12 July 2024.
- ^ "Mumbai University confers honourary degrees on Zakir Hussain, industrialist Shashikant Garware". The Indian Express. 13 May 2022. Retrieved 12 July 2024.