Greenlam Limited, a wholly owned subsidiary of Greenlam Industries Limited, has commenced commercial production of Chipboard at its state-of-the-art manufacturing facility in Naidupeta, Andhra Pradesh. The production officially began on January 23, 2025.
The facility boasts an installed production capacity of 2,92,380 cubic meters per annum and has the potential to generate annual revenue of up to ₹750 crore at full capacity utilization.
Significant Investment & Expansion
The total capital expenditure incurred for the Chipboard project stands at approximately ₹735 crore as of the commencement of commercial production. The Prelaminated Chipboard produced at the facility will be marketed under the brand name Greenlam MFC.