Greenlam Industries to invest Rs 950 cr in next 3 years

Greenlam Industries to invest Rs 950 cr in next 3 years
Representational PictureFile/ GK

Srinagar: Greenlam Industries has announced that the company will invest Rs 950 crore to foray into Plywood and Particle Board business.

As per the statement issued here, the company said that it would invest Rs 950 crore over 2-3 years setting up Greenfield manufacturing projects India, 2021.

“ Being a pioneer in the decorative surfacing solutions, the company offers products ranging from decorative laminates, compact laminates, the company decided to expand its portfolio by venturing into two adjacent categories - Plywood and Particle Board and also setting up a third Laminate plant. This expansion will position Greenlam from a decorative surfacing company to a leading integrated wood panel player.”

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