Greenlam Industries announces entry into Plywood and Particle Board business and to set up its third laminate plant
To invest Rs.950 crores over 2-3 years setting up Greenfield manufacturing projects New Delhi, 2021: Greenlam Industries Ltd., among the world’s top 3 laminate manufacturer today announced prominent plans for a fast-tracked expansion of the company. The company aims to invest Rs.950 crores over a period of 2-3 years, towards setting up of third Laminate plant and foray into Plywood and Particle Board business. Being a pioneer in the decorative surfacing solutions, the company offers products ranging from decorative laminates, compact laminates, exterior & interior clads, decorative veneers, engineered wooden floors & doors for residential and commercial spaces . Witnessing a spiral demand in the wood panel segment, the company has taken the next leap and decided to expand its portfolio by venturing into two adjacent categories - Plywood and Particle Board and also setting up third Laminate plant. This expansion will position Greenlam from a decorative surfacing compa...