One of the leading manufacturer and suppllier of quality plywood in the country, Century Plyboards India Ltd. has evinced interest to set up a plant in Badvel of Kadapa district.
Century Plyboards India Ltd CMD Mr. Sajjan Bhajanka, Executive Director Keshav Bhajanka along with company representative Mr. Himanshu Shah recently called on Chief Minister Mr. YS Jagan Mohan Reddy to explain the company’s plan for Andhra Pradesh.
The team apprised the CM that the company is planning to invest Rs. 1,000 crore in three phases creating direct employment for 3,000 people and indirect employment for about 6,000 people. As per an official release the construction work shall start immediately wherein the first phase of operations will begin by December 2022. It was also stated that the total construction is expected to be completed in December 2024.
The company already has units in West Bengal, Tamil Nadu, Haryana, Assam, Gujarat, Punjab and Uttarakhand.