CenturyPly has inaugurated a new plywood manufacturing plant in Hoshiarpur, Punjab, with a planned investment of around Rs215 crore across two phases, expanding the company’s production capacity for northern and north-western Indian markets.
The greenfield facility, spread across 27 acres, is being developed with an investment of Rs180 crore in its first phase. The remaining amount is planned for the second phase, according to information reported by the Times of India. The company has not disclosed in the supplied report the plant’s production capacity or the timeline for completing the second phase.
The facility is intended to meet growing demand for plywood in markets including Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, Delhi-NCR, Rajasthan and Uttar Pradesh. For the construction and interiors sectors, the location places manufacturing capacity closer to several major consumption centres in northern India, although the company has not specified how the new plant will affect delivery times, pricing or regional supply volumes.
The Hoshiarpur unit is Century Plyboards’ seventh plywood manufacturing plant in India. Its existing manufacturing network spans Bengal, Guwahati, Chennai, Gujarat, Haryana and Uttarakhand, according to the report. The new facility therefore adds another production point to a geographically distributed network rather than representing the company’s entry into plywood manufacturing.
The inauguration was attended by Sajjan Bhajanka, chairman of Century Plyboards; Sanjay Agarwal, managing director; Keshav Bhajanka, executive director; and Nikita Bansal, executive director. The company’s leadership presence at the opening underlines the facility’s role in its regional expansion strategy, but the supplied information does not include statements on employment, annual output, technology used at the site or the plant’s environmental systems.
The project also illustrates the importance of manufacturing locations in the construction-material supply chain. Plywood is used across residential construction, interior fit-outs and other building-related applications, making the availability of production capacity relevant to developers, contractors, retailers and households. However, the report does not provide details on local procurement, logistics arrangements, workforce numbers or the expected contribution of the Hoshiarpur plant to CenturyPly’s overall revenue.
The company’s stated focus is on strengthening its presence in key northern and north-western markets. The next reported milestone is the planned investment in the second phase of the facility, while details on its completion schedule and operating capacity remain undisclosed in the available information.
