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Century Plyboards aims to invest Rs 282 cr to fund expansion

Century Plyboards (India) said that it is aiming for a capex plan of Rs 282 crore in next two years for its various expansion projects.

The company has said that “It’s MDF pant is in the final stage of completion and likely to commence production by July this year. The company has already invested Rs 380 crore in the said project.”

Within the current financial year, the expansion of additional 2 line in its laminates unit to be operational.

The company further said that it is also investing Rs 64 crore in plywood project in Punjab, Rs 60 crore in particle board, Rs 62.50 crore in laminate unit, Rs 20 crore in Guwahati unit and Rs 16.65 crore in Gandhidham unit.

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