Kolkata-based plywood and veneer manufacturer Century Plyboards (India) is betting big on India’s rising consumption and housing demand to drive its next phase of growth, as it expands capacity across plywood, laminates, medium-density fibreboard (MDF), and particle board. The company is targeting revenue of more than Rs 12,000 crore by FY31, backed by new manufacturing facilities, investments in branding and technology, and a renewed focus on export opportunities. In an interview with The Economic Times Digital , Keshav Bhajanka, Executive Director, Century Plyboards (India), discusses the company’s expansion plans, the growth prospects for India’s building-materials industry, export opportunities, the role of artificial intelligence (AI) in manufacturing, and more. Edited excerpts:
The Economic Times Digital (ET): CenturyPly is aiming to double its turnover by 2031. How is the company preparing itself for the next phase of expansion?