- Business
- Century Plyboards (India) Limited Century Plyboards (India) Limited manufactures and sells plywood, laminates, decorative veneers, medium-density fiberboards (MDF), pre-laminated boards, flush doors, particle boards, and allied products including adhesives and chemicals; its plywood offerings under the Century Ply brand encompass commercial, marine, boiling water-resistant, shuttering, concrete, fire-safe, and flexible variants. The company operates state-of-the-art manufacturing facilities across India in locations such as Kolkata, Hoshiarpur, Karnal, Guwahati, Kandla, Chennai, Joka, Badvel, and Roorkee, with exports to over 20 countries, and maintains a leading 29% market share in India's organized plywood sector. Founded in 1986 and headquartered in Kolkata, West Bengal, it serves residential, commercial, and industrial customers through segments including plywood, laminates, MDF, veneers, doors, and furniture fittings under brands like Nesta.
Recent developments include the incorporation of wholly-owned subsidiaries Centuryply Furniture Fittings Limited in February 2025 and Century Panels BV in the Netherlands for laminate and MDF distribution, alongside the completion of the acquisition of Century Infotech Limited as a wholly-owned subsidiary. The company expanded its Hoshiarpur MDF plant capacity by 58% through a Rs 250 crore investment over FY23-FY25 and inaugurated the extended facility, while approving a scheme to transfer its Container Freight Station Services to subsidiary Century Infra Limited on a slump sale basis. Additional initiatives encompass the launch of Firewall technology in April for enhanced fire safety, a Rs 200 crore investment in Hoshiarpur MDF expansion, a pilot project for EV delivery vans in 2022 to reduce emissions, and new unit commercial production by an arm in Africa.