Century Ply lines up Rs. 900 crore capex for capacity expansion.

Century Plyboards has lined up investments of over Rs. 900 crore over the coming two fiscal years to increase its manufacturing capacity for MDF (Medium Density Fibreboard) and laminates as its plants run close to full capacity.

The company will be investing Rs. 543 crore by the end of FY24 towards a greenfield MDF plant in Andhra Pradesh. The company has already invested Rs. 57 crore in this plant, bringing the total investment to Rs. 600 crore.

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