News Desk, News Nation 360 : The largest wood panel and decorative industry manufacturer in India, Century Plyboards (India) Ltd., has announced the grand opening of its largest integrated wood panel manufacturing plant in Badvel, YSR Kadapa district in Andhra Pradesh. Distinguished dignitaries, including CenturyPly Chairman Sajjan Bhajanka and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy, graced the occasion with their presence. The government's goal of creating a one lac acre plantation in the YSR Kadapa district, which will transform the area with a plethora of lush flora and fauna, is also beginning to come true with this. This action, when combined with CenturyPly, will elevate this district and establish a new standard for sustainable development.
Further capacity is being developed in three units, one each for plywood (60,000 CBM) in Hoshiarpur, Punjab; particle board (2,40,000 CBM) in Chennai, Tamil Nadu; and laminates (8,55,000 sheets), 3,13,500 CBM in MDF and 15,000 tonnes of PVC in Badvel, Andhra Pradesh. Because of its vast resource base, the YSR Kadapa district is marked on the industrial map of Andhra Pradesh. The government has identified this area as a possible hub for the agro industry, and CenturyPly's initiative is the first in a line of investments from other industrial entities that will eventually turn this region into a major furniture hub for the entire nation. The company invested nearly a billion rupees in the laminate, MDF, and PVC unit located in Andhra Pradesh. Two large laminate presses that are currently in use make up the first phase of production. Speaking on the occasion, Keshav Bhajanka, Executive Director, CenturyPly said that they are proud to announce the grand opening of the district's first integrated wood panel manufacturing facility, which has the backing of the Andhra Pradesh government. This will help turn Andhra Pradesh's Badvel area into a centre for the agroindustry. In the first phase, they invested INR 700 crores in MDF and INR 250 crores in laminates and PVC. Their MDF plant's production capacity will increase by 950 M3 with the addition of the new unit, doubling their MDF footprint. An investment of INR 1000 crores will be made in expansion plans during the second phase.
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