45943
GREENLAM SOUTH LIMITED
Oct 24, 2022
India
South Asia
Nov 30, 2022
B - Limited
Active
Apr 23, 2023
Regional Industry - MAS Asia & Pac
Agribusiness and Forestry
Approved : Dec 15, 2022
Signed : Dec 26, 2022
Invested : Apr 20, 2023
Wood Panels and Engineered Wood Products
Greenlam Industries Limited (“Greenlam”) is one of the leading decorative laminates brands in Asia. Greenlam is also India’s leading decorative-veneer brand and the only manufacturer of engineered wooden flooring and doors. It currently has two laminates manufacturing plants in Northern India (Rajasthan & Himachal Pradesh) with a total capacity of 15.6 million sheets/boards per annum. The proposed expansion involves setting up of greenfield manufacturing facilities for high-pressure laminates and particleboard to be housed in a wholly owned subsidiary of Greenlam - Greenlam South Ltd (“GSL” or the “Company”). The Project involves providing an IFC A Loan to GSL of up to US$ 25 million (INR 2,000 million) for setting up greenfield plant for new laminates lines with an operating capacity of 3.5 million sheets/boards per annum and the particleboard lines will have a capacity of 231,000 CMB per annum
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Local Access of Project Documentation
Aerocity, IGI Airport Hospitality District, New Delhi – 110 037, India