The largest integrated wood panel manufacturing plant in India was opened by 𝐂𝐞𝐧𝐭𝐮𝐫𝐲 𝐏𝐥𝐲𝐛𝐨𝐚𝐫𝐝𝐬 (𝐈𝐧𝐝𝐢𝐚) 𝐋𝐭𝐝. on 𝐒𝐚𝐭𝐮𝐫𝐝𝐚𝐲, 𝐃𝐞𝐜𝐞𝐦𝐛𝐞𝐫 𝟐𝟑, 𝟐𝟎𝟐𝟑, at 𝐁𝐚𝐝𝐯𝐞𝐥, 𝐀𝐧𝐝𝐡𝐫𝐚 𝐏𝐫𝐚𝐝𝐞𝐬𝐡.

The 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 wood panel producer in the nation released a statement stating that the 𝟏𝟎𝟎-𝐚𝐜𝐫𝐞 𝐟𝐚𝐜𝐭𝐨𝐫𝐲, which will require a total investment of ₹1,000 crore in its second phase, will provide direct and indirect employment for 2,000 people over the course of the next five years.

A total of ₹950 crore was invested in the first phase.

𝐇𝐨𝐧’𝐛𝐥𝐞 𝐂𝐡𝐢𝐞𝐟 𝐌𝐢𝐧𝐢𝐬𝐭𝐞𝐫 of Andhra Pradesh, 𝐒𝐡𝐫𝐢 𝐘𝐒 𝐉𝐚𝐠𝐚𝐧 𝐌𝐨𝐡𝐚𝐧 𝐑𝐞𝐝𝐝𝐲, officially inaugurated the facility in the presence of CenturyPly Chairman 𝐒𝐡𝐫𝐢 𝐒𝐚𝐣𝐣𝐚𝐧 𝐁𝐡𝐚𝐣𝐚𝐧𝐤𝐚 and other high-ranking authorities.

Two large-size laminate presses are part of the factory and are currently in use. The commissioning of the PVC (polyvinyl chloride) and MDF (medium density fiber) units is almost complete.

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