Garware Hi-Tech Films Limited — Updates, 17-01-2025: Press Release

Garware Hi-Tech Films Limited is launching four innovative initiatives designed to transform the Indian automotive care market. The introduction of Coloured Paint Protection Film (PPF) allows vehicle owners to personalize their cars while ensuring protection against scratches and UV damage. Additionally, the new Headlight and Taillight Glass Protection enhances the durability and performance of a vehicle's lighting system.

The company is also collaborating with Bajaj Finance to offer affordable financing options, making premium protection more accessible to Indian car owners. Moreover, a strategic partnership with Insurance Dekho will provide comprehensive insurance for PPF, which is a first in India. These initiatives, showcased at the Bharat Mobility Global Expo 2025, are expected to strengthen GHFL's market presence and customer engagement in an underpenetrated segment of the domestic market. Positive outlook for investors as these developments promise to enhance product reliability and broaden market accessibility, positioning GHFL for potential growth in the automotive care sector.