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CenturyPly Industries has announced plans to invest approximately ₹2,500 crore over the next five years to scale up its manufacturing infrastructure and support long-term revenue targets. The company aims to double its annual turnover to ₹12,000 crore by 2031.
As part of its strategic expansion roadmap, the company will add to its network of nine existing facilities by establishing new manufacturing units in Uttar Pradesh and Odisha, while expanding plywood capacity at its Punjab facility. Executive Director Keshav Bhajanka confirmed that the company will deploy an initial investment of approximately ₹250 crore for each of the new plant projects.
News by Rahul Yelligetti.
