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Century Plyboards on expansion mode

Century Plyboards is set to boost its plywood production capacity by approximately 30% over the next 12-15 months, with a planned investment of around ₹140 crore. Currently, the company has an annual production capacity of 339,600 cubic meters and holds about 8% of the organized market segment.

The expansion will include both greenfield and brownfield projects. Century Plyboards is in the process of establishing a new facility, with potential locations being Punjab, Uttar Pradesh, Odisha, or Andhra Pradesh, depending on commercial viability. Additionally, the company plans to enhance capacity at its existing plants by incorporating new machinery and balancing equipment.

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