Greenlam Industries has announced expanding the production capacity at its Nalagarh plant in Himachal Pradesh by 1.6 million laminate sheets per annum.
A leading producer of laminates in Asia, the company can now produce up to 15.62 million sheets in the facility annually, thus further strengthening its position in the market.
In a statement, Greenlam Industries MD and CEO Saurabh Mittal 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 percent – 1.6 million laminate sheets per annum.”
He added this will take the manufacturing capacity to 15.62 million laminate sheets per annum. According to Mittal, while the capital cost of this brownfield expansion is Rs 25 crore, the expansion has the potential to generate revenue of Rs 125 crore per annum on full capacity utilisation.
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