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Business
CenturyPly to invest ₹215 crore in new Punjab manufacturing plant
✍️ The Times of India
🗓 13 Oct 2026, 05:38 AM
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CenturyPly has announced an investment of ₹215 crore to set up a new manufacturing plant in Punjab. The move aims to expand the company's production capacity in the region.
CenturyPly, a leading plywood manufacturer, revealed that it will allocate ₹215 crore for establishing a new plant in Punjab. The investment underscores the company's strategy to enhance its manufacturing footprint in northern India.
The new facility is expected to strengthen CenturyPly's production capabilities and support its growing product portfolio. While specific timelines were not disclosed, the project signals a long-term commitment to the state's industrial landscape.
Industry observers note that such capital infusion could contribute to Punjab's economic development and reinforce the region's reputation as a hub for wood-based products.
The new facility is expected to strengthen CenturyPly's production capabilities and support its growing product portfolio. While specific timelines were not disclosed, the project signals a long-term commitment to the state's industrial landscape.
Industry observers note that such capital infusion could contribute to Punjab's economic development and reinforce the region's reputation as a hub for wood-based products.