Century Plyboards is eyeing a 20-25 per cent growth in revenue this fiscal (FY23) and is setting up a new Rs 700-crore manufacturing plant in Andhra Pradesh. The demand for all of the company’s products is strong, primarily from retail consumers, driven by a revival in the housing segment. The company’s main demand comes from retail consumers, with a small percentage of sales from institutional buyers.
A greenfield unit for the MDF board is being set up in Andhra Pradesh with an annual capacity of 3.2 lakh cubic meter per annum and an investment of around Rs 700 crore. This new plant in Andhra Pradesh is expected to be operational by December next year.
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.
Company Name | CMP |
---|---|
Century Plyboards(I) | 642.50 |
Greenply Industries | 260.40 |
Greenpanel Inds. | 312.25 |
Archidply Inds | 119.00 |
Duroply Industries | 292.50 |
View more.. |