Century Plyboards to invest INR 2,000 crore on capacity expansion

08 May 2023 CW Team

Century Plyboards (India) has announced plans to invest nearly INR 2,000 crore over the next three years in expanding its laminates, MDF, and particle board capacities. With this expansion, the company aims to increase its turnover from INR 3,000 crore in FY22 to INR 5,000 crore by FY26, with greenfield projects accounting for the majority of the expansion.

To achieve its goals, the company intends to commission additional MDF plants, investing more than INR 600 crore by the second quarter of 2023-24. It also intends to establish a new greenfield particle board project in Tamil Nadu with an investment of INR 500 crore by March 2025.

Furthermore, Century Plyboards is considering opening a new plywood plant in Hoshiarpur alongside the MDF plant in the second half of FY-24, which could require an investment of INR 100 crore. To achieve its growth objectives, the company intends to expand its product categories and capacities.

Also Read
Ghaziabad Priority Section soon to commence operations
Chikhali water treatment plant expected to be inaugurated this week

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..