7 days ago
Greenlam Industries to invest Rs 1,147 crore in Andhra Pradesh for laminate facility
Synopsis
Greenlam Industries is investing Rs 1,147 crore to establish a High-Pressure Laminate and Particle Board manufacturing facility in Andhra Pradesh, poised to be South India's largest. The project will deploy advanced German technology and benefit from over Rs 329 crore in incentives from the Andhra Pradesh government. This expansion aligns with the growing Indian engineered wood and home decor market.