Greenlam Limited, a wholly owned subsidiary of Greenlam Industries Limited, has commenced commercial production of Chipboard at its manufacturing facility located in Naidupeta, Andhra Pradesh with effect from January 23, 2025. The said manufacturing facility has an installed production capacity of 2,92,380 cubic meters per annum and has potential to generate revenue up to Rs. 750 Crores annually at full capacity utilization. The total capital expenditure incurred for the Chipboard project is approximately Rs. 735 Crores as of commencement of commercial production.
The Prelaminated Chipboard will be marketed under the brand name Greenlam MFC. |