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Century Plyboards to invest Rs 282 crore for projects expansion

12 Jun 2017 Evaluate

Century Plyboards (India) has chalked out Capex plan of Rs 282 crore in next two years for its various expansion projects. The company is investing Rs 222.63 crore in the current fiscal and remaining Rs 60 crore in FY19. It had drawn up Rs 751 crore capex plan, of which it had already spent Rs 154.63 crore in FY16 and Rs 313.92 crore in FY17.

Century Plyboards is largest seller of plywood and decorative veneers in the Indian organized plywood market. The manufacturing facility of company is located at Bishnupur near Joka, Kolkata.

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