ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Sensible Growth

Sensible Growth Hansavivek GARWAHE NYLON is diversifying into shipping by forming a new company under the name 'Garware Shipping'. This company will undertake cargo-shipping business and will initially acquire two ships with a capacity of about 5,000 DWT, each suitable for operating upto the West Asian gulf countries. Immediately thereafter, it will acquire a bulk carrier of 16,000 to 25,000 DWT. GN also proposes to invest Rs 10 lakhs in the equity capital of 'Modern Nets', recently set up to undertake manufacture of fishing .its

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