Stylam Industries Commences Production at New ₹300 Crore Laminate Plant in Panchkula, Haryana
Stylam Industries, a manufacturer of high-pressure laminates (HPL), has commenced commercial production at its new laminate plant at Manak Tabra-2 in Panchkula, Haryana, located adjacent to its existing facility.
The company currently operates manufacturing facilities at Panchkula and Manak Tabra-1, with a combined capacity of approximately 8.60 crore square metres per annum (at 1mm laminate thickness), equivalent to 80,000 tonnes per annum. These existing facilities are running at around 90% utilisation.
The new Manak Tabra-2 unit adds manufacturing capacity of approximately 5.25 crore square metres per annum (at 1mm thickness), equivalent to 60,000 tonnes per annum. The project, funded entirely through internal accruals, has a total cost of ₹300 crore.
The expansion is expected to help Stylam Industries meet growing demand for its laminate products and support the company's future manufacturing growth, adding to its capacity across both domestic and export markets.
