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Home Breaking News

‘Greenply scales up, Vadodara powers ahead’: ₹425-cr MDF expansion signals manufacturing surge

by Nav Jeevan
2 months ago
in Breaking News, Business, Companies, Employment Opportunities, Gujarat, Launchpad, National, Vadodara
Reading Time: 2 mins read
0
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‘Greenply scales up, Vadodara powers ahead’: ₹425-cr MDF expansion signals manufacturing surge

NE photo

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  • Greenply Industries arm breaks ground for second MDF line in Vadodara
  • ₹425-crore investment to boost capacity, meet surging demand in furniture and interiors sector
  • New line slated for commissioning by Q2 FY2028; jobs and regional growth to get a lift
  • Expansion strengthens India’s domestic manufacturing push and MDF leadership footprint

NE BUSINESS BUREAU

VADODARA, MAR 25

In a major capacity expansion move, Greenply Industries’ wholly owned subsidiary Greenply Speciality Panels Private Limited has broken ground for its second Medium Density Fibreboard (MDF) production line at its advanced manufacturing facility in Vadodara, Gujarat.

The expansion—entailing an investment of ₹425 crore—comes amid rising demand for MDF products across residential, commercial, and modular furniture segments, positioning the company to scale up operations and reinforce its market leadership.

Capacity Boost with Future Focus

The new MDF line is expected to be operational by Q2 FY2028, significantly enhancing production capacity and enabling the company to cater to growing domestic demand more efficiently.

The project is also set to generate employment opportunities across the value chain, contributing to local economic development in Gujarat.

Leadership Marks Milestone

The groundbreaking ceremony was led by Rajesh Mittal and Sanidhya Mittal, along with over 35 dealers and channel partners from across the region.

‘Commitment to Manufacturing Excellence’

Highlighting the strategic importance of the expansion, Rajesh Mittal said:

“The groundbreaking of our second MDF line at Vadodara reflects Greenply’s continued commitment to strengthening India’s manufacturing capabilities and supporting the evolving needs of the interior infrastructure sector.”

He added: “As demand for MDF products continues to grow across residential, commercial, and modular furniture segments, this expansion will enable us to scale our operations while maintaining our strong focus on efficiency, quality, and long-term value creation for our partners and customers.”

Strengthening MDF Leadership

With this investment, Greenply is reinforcing its manufacturing footprint and future readiness, aligning with its long-term vision of building advanced infrastructure and expanding its MDF portfolio.

The Vadodara facility is poised to play a pivotal role in meeting India’s fast-evolving interior and furniture demand, driven by urbanisation and rising consumer aspirations.

 

 

 

Tags: Greenply Industries investment 2026Greenply MDF expansion VadodaraGreenply second MDF lineGujarat industrial investmentinterior infrastructure India growthMDF demand India furniture marketmodular furniture MDF demandVadodara manufacturing news
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