India’s appetite for engineered wood shows little sign of slowing. Greenply Industries has begun construction of a second MDF line at its Sherpura site in Gujarat, barely three years after bringing its first plant into operation. The new investment, worth close to €40m (around ₹425 crore), signals confidence in a market that continues to expand even as demand elsewhere softens. While construction-led consumption in Europe has weakened, India’s panel sector remains buoyed by urbanisation, rising incomes and a steady shift away from solid wood towards engineered alternatives. The additional line, expected to come on stream ...
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