Century Ply plans to invest Rs 9 billion for capacity expansion
Products

Century Ply plans to invest Rs 9 billion for capacity expansion

Due to its factories operating at near to capacity, Century Ply has planned expenditures totalling more than Rs 9 billion over the next two fiscal years to boost its capacity for producing MDF (Medium Density Fibreboard) and laminates.

By the end of FY24, the company will have invested Rs 5.43 bn on a greenfield MDF factory in Andhra Pradesh. This facility has already received 570 million from the firm, for a total investment of 6 bn.

The Andhra Pradesh plant would also have greenfield laminate manufacturing capability, requiring a Rs 2 bn investment. By the end of FY24, Rs 1.25 bn of this will have been spent. Through its wholly owned subsidiary Century Panels, the company will invest in Andhra Pradesh.

A greenfield plywood facility in Punjab has also been allocated about Rs 510 mn for the coming fiscal year (FY24). During the current fiscal year, the company is also spending almost Rs 750 mn on the brownfield expansion of Hoshiarpur's MDF production capacity. A smaller sum has been set aside for expanding manufacturing capacity at other current locations.

Also read:
Century Plyboards looks to triple MDF capacity to 1,800 cubic m
Century Plywood sets up Century Ports as its subsidiary


Due to its factories operating at near to capacity, Century Ply has planned expenditures totalling more than Rs 9 billion over the next two fiscal years to boost its capacity for producing MDF (Medium Density Fibreboard) and laminates. By the end of FY24, the company will have invested Rs 5.43 bn on a greenfield MDF factory in Andhra Pradesh. This facility has already received 570 million from the firm, for a total investment of 6 bn. The Andhra Pradesh plant would also have greenfield laminate manufacturing capability, requiring a Rs 2 bn investment. By the end of FY24, Rs 1.25 bn of this will have been spent. Through its wholly owned subsidiary Century Panels, the company will invest in Andhra Pradesh. A greenfield plywood facility in Punjab has also been allocated about Rs 510 mn for the coming fiscal year (FY24). During the current fiscal year, the company is also spending almost Rs 750 mn on the brownfield expansion of Hoshiarpur's MDF production capacity. A smaller sum has been set aside for expanding manufacturing capacity at other current locations. Also read: Century Plyboards looks to triple MDF capacity to 1,800 cubic mCentury Plywood sets up Century Ports as its subsidiary

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?