GreenlamIndustries
J&K: Greenlam Industries plans to invest Rs 950 crores
Srinagar/IBNS: Greenlam Industries has announced that the company will invest Rs 950 crore to foray into Plywood and Particle Board business.
The proposed investment will come over the next two to three years for setting up Greenfield manufacturing projects India, a senior company official said.
“Being a pioneer in the decorative surfacing solutions, the company offers products ranging from decorative laminates, and compact laminates," he said.
Greenlam has decided on expanding 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,” he added.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
