In a significant move, Century Plyboards (India) Ltd, a prominent wood panel and decorative products manufacturer, has inaugurated its ₹1,000 crore integrated wood panel manufacturing plant in Badvel, YSR Kadapa district, Andhra Pradesh. The Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy, unveiled the facility, marking a substantial investment in the region. The company plans an additional ₹1,000 crore investment, making it their largest integrated wood panel production complex. The new unit aims to double the company's footprint in Medium Density Fibre (MDF) production, with future plans for further expansion. The project is expected to generate employment for over 2,000 people in the next 3-5 years, emphasizing growth opportunities in the wood panel industry in India.
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