Greenply Industries bullish on offering innovative products to its discerning consumers
Plans to invest in the tune of INR 75 crore to set up a manufacturing unit in Hardoi, Uttar Pradesh
New Delhi:
Greenply Industries Limited, India’s largest interior eco-friendly infrastructure company with over 30 years of experience in manufacturing a comprehensive range of plywood, block boards, decorative veneers, flush doors, and other allied products has recently divulged that it will invest around INR 75 crores to set up a plywood and allied products manufacturing unit through a wholly owned subsidiary in at Sandila Industrial Area in Hardoi, Uttar Pradesh. The proposed capacity addition is 13.50 million square metre per annum while the existing capacity of the company is 24.90 million square metre per annum. Greenply has decided to set up the plant at Hardoi considering the proximity of principal raw materials such as agro forestry timber and availability of workers, along with growing demand in northern and central markets of India. The new project is expected to be operational by the fourth quarter of 2021-22.
The company is the first one in the wood & panel industry to introduce a range of Zero Emission (E-0) products keeping in mind the health interest of its consumer by assuring to safeguard the indoor air quality by reducing formaldehyde emission in homes. E-0 grade emission compliance made sure that the plywood emits negligible formaldehyde and that its manufacturing facility has an on-site testing mechanism to monitor quality of the product in this regard. As an effort towards clean and green living, Greenply Industries will come up with more such product innovation which will be free from emission of any harmful gases and ensure a complete peace of mind for the consumers in the aspects of indoor air quality, and environmentally friendliness.
Commenting on this achievement, Mr. Sanidhya Mittal, Joint Managing Director – Greenply Industries Ltd “We at Greenply is continually striving on building a sustainable operational framework vital for sustained value creation by working on capacity building and securing resource accessibility. We have decided to infuse zest, sustainability and support all of which enhances the meaning of ‘green’ in a more meaningful way to a world and thus we are aiming to promote sustainable development amongst the local community through our plantation unit in Tizit Nagaland. Our new manufacturing unit in Uttar Pradesh will also generate jobs for both skilled and unskilled labour.”