Stylam Industries has begun building out its current facilities. In the laminates segment, the company has utilised around 80% of its capacity.

At the current facilities, modular expansion that will boost capacity by up to 40% has already begun. A total of Rs 40 crore would be invested in the project.

The Board also looked at the plywood project’s development and decided to delay it in favour of increasing the production capacity for laminates.

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