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 announced a capacity expansion for laminates in Nalagarh, Himachal Pradesh. The expanded capacity is now operational 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 and offer an expanded product line to customers. With this expansion, the installed capacity for laminates has increased by 11.4% -- 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, “We have always endeavoured to give our customers the best of services which are in line with our vision and mission. While the capital cost of this brownfield expansion is Rs 25 crores, the expansion has the potential to generate revenue of Rs 125 crores per annum on full capacity utilization. We will continue to add new dimensions within our company to better service our customers.”
About Greenlam Industries Limited
Greenlam is among the world’s top three, Asia’s largest and India’s No. 1 surfacing solutions brand. With its presence in over 100 countries, Greenlam has focused on developing quality products with a great passion for innovation. With two state-of-the-art manufacturing facilities in the country, it is the first choice of home owners, architects and interior designers when it comes to transforming living spaces.
Greenlam thinks and acts to save and preserve nature in its pristine form by ethical sourcing of raw materials from the world over. Coupled with this, the products are Greenguard Certified and anti-bacterial, thereby ensuring they areenvironment-friendlyy and safe to use.