GreenPly Industries invests into a new plywood production unit in India

Greenply Industries announced set up of a new a new manufacturing unit for plywood and allied products in Sandila industrial area, Hardoi district of Uttar Pradesh state of India.

Earlier GreenPly Industries decreased revenues and profitability of the operations in the quarterly reporting period ended December 31, 2016.

About GreenPly Industries:

The company is a leading Indian producer of plywood and MDF. Its market share accounts for almost 30% of the organized plywood and 30% of the MDF market in India. GIL has four state–of-the-art manufacturing facilities for Plywood and one facility for MDF spread across the country producing world class interior products for the domestic and global markets. It is also present in more than 300 cities across 21 Indian states serviced through a well-entrenched distribution network of 1,620 distributors and 10,000 retailers and 48 branches pan-India.

Source: Woodbizforum