HGIL to set up greenfield project for plywood in Tamil Nadu

18 Dec 2021 CW Team

Himalaya Granites Industries Limited (HGIL) has approved the proposal to set up a greenfield project for manufacturing plywood and allied products in Tindivanam, Tamil Nadu.

The proposed capacity for the project is 18.9 million sq m. The project is expected to be commissioned by the fourth quarter (Q4) of FY22-23.

The company told the media that the greenfield project requires an investment of Rs 125 crore, which will be raised through debt and financial support from Greenlam Industries Limited.

Its new capacity will meet the growing demand in the domestic market.

The company has also approved the shifting of the registered office from Tamil Nadu to Delhi National Capital Territory (NCT) and changes in Clause II of the Memorandum of Association (MoA), subject to the approval of the board members by special resolution and other necessary approvals needed by the company.

Image Source

Also read: Greenply Industries enters MDF business with Rs 548 cr investment

Infrastructure Transport

30 May 2026

Chembur Metro to Boost East Mumbai Links

MMRDA is advancing eastern Mumbai’s urban mobility network, with the upcoming Chembur Metro Station set to emerge as a key interchange and the Mumbai Monorail preparing for relaunch.Dr Sanjay Mukherjee, Metropolitan Commissioner, MMRDA, conducted a site visit to Chembur Metro Station along with Kanhuraj Bagate, Managing Director, MMMOCL. He also visited the nearby VN Purav Monorail Station to review system preparedness and ease of interconnectivity.Once operational, the interchange is expected to offer commuters across the eastern suburbs quicker access, smoother transfers and seamless conne..

Herrenknecht TBMs Drive Thane–Borivali Tunnel Progress

Herrenknecht India has supplied two of the four tunnel boring machines (TBMs) required for the 11-km Thane–Borivali Twin Tunnel Project being developed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project is expected to reduce travel time between Thane and Borivali from 60–90 minutes to around 15 minutes while easing congestion across the Mumbai Metropolitan Region.The first two Single Shield TBMs, named Nayak and Arjuna, feature 13.34-m cutterhead diameters and are designed for hard-rock excavation. They will be deployed to tunnel through the challenging geological..

KBL Launches Smart Skid Mounted Fire Pump Set

Kirloskar Brothers (KBL) has launched its Smart Skid Mounted Fire Pump Set, an integrated fire protection solution designed to improve operational efficiency, remote monitoring and installation flexibility. The system was inaugurated by Ms Madhuritai Misal, Hon. Minister of State for Urban Development, Government of Maharashtra.The Smart Skid Mounted Fire Pump Set is a factory-tested, pre-packaged solution that combines FM/UL-certified motor and engine pump sets with IoT-enabled remote monitoring. Designed to deliver a flow rate of 170 m³/hr at a head of 100 metres, the system aims to provide..