Current Date: 22 Nov, 2024

Archidpanel Industries planning to set up Plywood Products Project in Uttarakhand

Archidpanel Industries Private Limited intends to establish a new plywood products project in Sitarganj, Udham Singh Nagar, Uttarakhand. The company recently filed an IEM application to manufacture Medium Density Fibre Boards and Particle Boards in Udhamsingh Nagar, Uttarakhand.The yearly capacity will be 90000.00 CBM PA.The project is still in the planning stages, and the corporation has not revealed any specifics regarding the investment or a completion date.However, the initiative is projected to generate new jobs and enhance the local economy in Sitarganj.Sitarganj is a key location for the wood processing industry in Uttarakhand. 

The region has a long history of wood processing, and there are several sawmills and plywood manufacturers in the vicinity.The proposed project by Archidpanel Industries is expected to strengthen the wood processing industry in Sitarganj and provide new jobs for the locals.India's plywood industry is expanding significantly. The increased popularity of plywood as a material for furniture and other purposes is driving up demand for plywood.The proposed project by Archidpanel Industries is expected to address the growing demand for plywood in the Indian market.

As of September 2023, The project is now in the stage of construction being started the work on the project will be finished in 2024, 2025 or 2026 It has been decided to hire a local contractor.

News by Rahul Yeligetti

Source : Projxnews