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Century Panels to set up new manufacturing unit for MDF in Andhra Pradesh

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Capital Market
Last Updated : Jun 22 2021 | 6:51 PM IST
Century Plyboards (India) announced that the company's wholly owned subsidiary, Century Panels at its Board Meeting held today, 22 June 2021, has considered a proposal for setting up a new unit in the state of Andhra Pradesh for manufacturing of Medium Density Fiber boards (MDF). The proposed expansion will entail an investment of Rs 500 crore. The capacity will be added in Q1 of FY 2024.

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First Published: Jun 22 2021 | 6:36 PM IST

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