The consistent increase in the dollar rates against Indian rupees over the last two months has begun to impact the wood panel and surface décor businesses in India because of the hike in import prices of the timber, Veneers and other raw materials in
A plywood factory, located in the Baikampady Industrial Area was reported to have been set ablaze on 4th January, Sunday morning, resulting in destruction of plywood worth approximately Rs 1 crore.
It has been a transformative year for plywood sector at large. With regulatory tightening, formalization of supply chain, preference for certified, branded and sustainable materials, the contours of this industry are shifting rapidly.
Greenply Industries Ltd announced its new integrated wood panel production at Semiliguda industrial project, Koraput district, Odisha.