Greenlam Industries’ wholly owned subsidiary -- Greenlam South (GSL) has received Board of Directors’ approval to set up a manufacturing facility at Naidupeta, Nellore in the state of Andhra Pradesh for manufacturing of Laminates and allied products. GSL has been provisionally allotted by Andhra Pradesh Industrial Infrastructural Corporation (APIIC), land admeasuring 65 acres around in Naidupeta, Nellore, Andhra Pradesh.
The Proposed capacity addition by GSL is 1.50 million laminate sheets/boards per annum. The investment required to set up the Laminate and allied products plant is Rs 175 crore.
Greenlam Industries is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality and systems.
| Company Name | CMP |
|---|---|
| Greenlam Industries | 224.30 |
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| Alfa Ica (India) | 76.60 |
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