# CenturyPly to invest Rs 2,500 crore, targets Rs 12,000 crore revenue by 2031

2026-08-08T19:42:53+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Century Plyboards (India) Ltd. will invest Rs 2,500 crore to Rs 2,700 crore over five years to double its capacity and revenue to Rs 12,000 crore by 2031, executive director Keshav Bhajanka announced. The funds will expand the company's nine existing plants and set up new units in Uttar Pradesh and Odisha. A plant in Hoshiarpur will start operations in October. The company also unveiled a 'Total Cover' warranty for its premium plywood ranges, Club Prime and Architect Ply. If a defect arises within ten years, CenturyPly will reimburse the full cost of the customer's furniture, including plywood, laminates, adhesives, labour and transportation. The Hindu reports the company calls it a global first. Homeowners must register online within 90 days of purchase.

## Coverage

- thehindu.com <https://www.thehindu.com/business/centuryply-plans-2500-crore-investment-to-double-revenue-in-2031-to-12000-crore/article71301262.ece>

Tags: capacity expansion, CenturyPly, corporate investment, housing demand, plywood industry, product warranty
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