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Rushil Decor ventures into eco-friendly plywood segment

22 Feb 2024 Evaluate

Rushil Decor (RDL) has ventured into the eco-friendly plywood segment. The company, known for its sustainable MDF and laminates, is committed to environmentally responsible practices and aims to revolutionize the plywood industry with its latest venture.

The eco-friendly plywood, made from wood sourced through agroforestry, is a sustainable alternative that promotes environmental conservation. Agroforestry utilizes wasteland for growing wood trees, providing a renewable source of wood while preventing deforestation. The company’s commitment to green practices extends to its integrated green ecology approach, ensuring a positive impact on the environment. 

The company, upon receiving prior approvals, will form a joint venture with an existing plant in Chikmanglur, Karnataka and its promoters to establish Rushil Modala, a 51 % subsidiary of Rushil Decor. The proposed new subsidiary company will have initial investment upto Rs 20 crore in the proportion of 51:49 by RDL and Joint venture partner respectively. With this strategic venture, Rushil has solidified its position as a comprehensive solution provider in the home decor segment by catering to existing customers the multiple products, boasting an extensive product portfolio that now includes: Laminates, MDF Boards, PVC, Wooden Flooring and Plywood. 

Rushil Decor is a leader in the Decorative High Pressure Laminates market in India.


Rushil Decor Share Price

16.96 -0.38 (-2.19%)
08-May-2026 16:59 View Price Chart
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