Press Release22 Feb 2024, 09:16 pm
Rushil Decor Ventures into Eco-Friendly Plywood Segment Targets Additional INR 300 Crore Turnover
AI Summary
Rushil Decor Limited, a global leader in modern interior infrastructure and eco-friendly wood panels, announces its expansion into the eco-friendly plywood segment. The company aims to revolutionize the plywood industry with its latest venture, which is expected to contribute approximately INR 300 crores of incremental turnover with incremental EBITDA in excess of INR 40 crores in FY25-26.,
Key Highlights
- Eco-friendly plywood segment expansion
- Targets additional INR 300 crore turnover
- Joint venture with existing plant in Chikmanglur, Karnataka
- Integrated green ecology approach
- Comprehensive solution provider in the home decor segment