Stylam Industries Commences Production at New Laminate Plant

Stylam Industries Ltd has announced the commencement of commercial production at its new laminate plant in Manak Tabra, Panchkula, Haryana. This expansion, initially announced on January 5, 2024, adds approximately 5.25 crore square meters per annum capacity. The project involved an investment of Rs. 300 Cr, financed through internal accruals. The company aims to cater to growing demand and support future business growth. The existing capacity is around 8.60 crore square meters per annum with a utilization of 90%.