Expansion22 May 2026, 04:15 pm
Century Plyboards: New Unit in Odisha with ₹870 Cr Investment
AI Summary
Century Plyboards (India) Ltd. plans to establish a new manufacturing unit in Odisha for plywood and particle board. The project includes a phased capacity addition for plywood (120,000 CBM per year) and particle board (240,000 CBM per year). The total investment is estimated at approximately ₹870 Crores, funded through debt and equity. The rationale includes increasing demand, proximity to raw materials, and a large customer base. Particle board manufacturing may shift to MDF based on business needs.
Key Highlights
- Century Plyboards to set up a new unit in Odisha for plywood and particle board.
- Proposed capacity addition: 120,000 CBM/year for plywood, 240,000 CBM/year for particle board.
- Total investment of approximately ₹870 Crores, financed through debt and equity.
- Plywood capacity addition to be completed by Q1 FY 2030-31, particle board by Q1 FY 2031-32.
- Rationale: increasing demand, proximity to raw materials and customer base.
Price Impact
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