With this expansion, the installed capacity for laminates has increased by 11.4 per cent, bringing the capacity to 15.62 million laminate sheets per annum. The expansion has the potential to generate revenue of `125-crores per annum on full capacity utilization.
Greenlam Industries Ltd., the largest producer of Laminates in Asia and a leading provider of decorative surfacing solutions, such as HPL, Compacts, Decorative Veneers, Doors and Engineered Wooden Flooring, has announced capacity expansion for laminates in Nalagarh, Himachal Pradesh. The company has invested `25-crores towards the brownfield expansion and will be manufacturing an additional 1.6 million laminates sheets per annum.
The expansion will further strengthen Greenlam’s position in the HPL and Compact panels market offering an expanded product line to customers. With this expansion, the installed capacity for laminates has increased by 11.4 per cent bringing the capacity to 15.62 million laminate sheets per annum.
Speaking on the expansion, Saurabh Mittal, Managing Director and CEO, Greenlam Industries Ltd. said, “With this expansion, we are delighted to announce that our manufacturing unit in Nalagarh is now entirely operational to produce an additional 11.4 per cent, i.e., 1.6 million laminates sheets per annum. This would take the manufacturing capacity for laminates to 15.62 million laminate sheets per annum. The expansion has the potential to generate revenue of `125-crores per annum on full capacity utilization.”