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Century Plyboards plans to set up 111 outlets in the next five years

22 Aug 2012 Evaluate

Century Plyboards, after foraying into the readymade furniture retail business, is planning to establish 111 outlets in coming next five years. In this regard, the company will invest Rs 100 crore.

Meanwhile, the company has unveiled Nesta Furniture, a chain of complete home lifestyle solutions for Indian customers, with a target of garnering a turnover of Rs 500 crore with an initial investment of Rs 100 crore.

Century Plyboards is engaged in the manufacture of a wide range of plywood such as Architect, BWR Flexible Decorative, Marine Grade and MR Grade Commercial Ply, among others. It manufactures three types of adhesive such as Centuryply Adhesive SH, Centuryply DDL Binder and Century ply SR Adhesive for various surfaces.

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