Greenlam Industries Ltd., has announced 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 offering 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. Being the largest producer of Laminates in Asia and among the top 3 in the world, Greenlam Industries is a global brand with presence in over 100 countries.
Speaking on the expansion, Saurabh Mittal, Managing Director and CEO, Greenlam Industries Ltd. said, “We have always endeavored to give our customers the best of services which are in line with our vision and mission. With this expansion, we are delighted to announce that our manufacturing unit in Nalagarh is now entirely operational to produce an additional 11.4% 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. While the capital cost of this brownfield expansion is 25 crores, the expansion has the potential to generate revenue of ₹125 crores per annum on full capacity utilization. We will continue to add new dimensions within our company to better service our customers.”