Stylam Industries Ltd. invests ₹40 Crores in Manak Tabra, Panchkula, Haryana, to enhance laminate production. This massive operation should boost laminate output by 6 million pieces annually. Stylam will acquire market share and boost its position by meeting rising laminate demand in domestic and international markets.
The project benefits Stylam Industries, the local economy, and workers. Stylam intends to create many additional area jobs by growing manufacturing. Manak Tabra and Haryana should gain investments, strengthening industry and GDP. The local economy and many lives will benefit from this endeavor.
If the expansion emphasizes technology, eco-friendly, or fire-resistant laminates, product quality and sustainability may improve. These advances would improve Stylam's products and follow global greener production trends. This innovative strategy could help Stylam dominate laminates for years.
News by Rahul Yelligetti