Whalesbook
Greenply Industries is set to invest approximately ₹800 crore over the next two to three years on significant expansion projects. This includes establishing a new greenfield plywood plant in Odisha and building a new MDF plant. These investments are strategically aimed at bolstering manufacturing capacity by 25% for plywood and driving growth through the MDF segment, with the company targeting to regain its leadership position in India's plywood market within three years. The company is also continuing investments in its furniture hardware joint venture.