Century Plyboards’ (India) Board of Directors, by a resolution passed by circulation today, June 22, 2021, has considered a proposal for setting up a new unit in the state of Punjab for manufacturing of veneer and plywood. The existing capacity of the company for Plywood production is 300000 CBM per year (includes existing capacity in subsidiaries but excludes proposed capacities) and the proposed expansion project is for 60000 CBM per year. The investment required for the expansion project is approximately Rs.75 crore which will be raised through internal accruals.
Century Plyboards (India) 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.
