Century Plyboards’ subsidiary -- Century LED -- is targeting a top-line of Rs 100 crore in FY18 besides aiming to transform itself into an electronic major in the long-term. The company’s LED lighting is growing fast at 8-10 percent month-on-month. As a way forward, the company has proposes to expand product portfilio and aim to establish itself as an electronic company in the long run.
Century LED, which sells Magik brand of LED products, is one of the organised players in the industry that began operations with a fully-owned manufacturing facility at a CapEx of Rs 45 crore in Howrah, West Bengal.
