Paper / Wood / Glass/ Plastic/ Marbles-Ind'l Goods/Svs-Industry-The Economic Times - Seite 4 
PVC pipes, fittings manufacturing companies to see recovery this fiscal: Crisil Ratings
PVC pipe manufacturers are poised for a revenue recovery this fiscal year, fueled by strong demand from government initiatives like the Jal Jeevan Mission and Pradhan Mantri Awas Yojna. Increased budgetary allocations for these schemes will further drive the need for PVC pipes and fittings. Improved profitability and reduced inventory levels will also support capacity expansion for these companies.
WoodenStreet, backed by WestBridge Capital, aims to quadruple its revenue in three years by expanding its mattress and modular furniture businesses and opening dozens of new stores, positioning itself for a public listing. The company plans to triple its store count within 18-24 months, focusing on major cities, while also considering opportunities in smaller ones.
Greenlam Industries to invest Rs 1,147 crore in Andhra Pradesh for laminate facility
Greenlam Industries is investing Rs 1,147 crore to establish a High-Pressure Laminate and Particle Board manufacturing facility in Andhra Pradesh, poised to be South India's largest. The project will deploy advanced German technology and benefit from over Rs 329 crore in incentives from the Andhra Pradesh government. This expansion aligns with the growing Indian engineered wood and home decor market.
NCLAT clears path for Hindusthan National Glass bids, rejects RP ouster
NCLAT has overturned NCLT's decision to replace Hindusthan National Glass Industries' resolution professional, instructing NCLT to reconsider bids following Supreme Court directives. The Supreme Court previously directed the CoC to evaluate Independent Sugar Corporation Ltd.'s resolution plan.
Adani to rival Reliance with PVC plant by 2028
Gautam Adani's conglomerate is venturing into the petrochemicals sector with a 1 million tonne per year PVC plant in Mundra, Gujarat, challenging Reliance Industries' dominance. This project aims to reduce India's import dependency amid growing PVC demand driven by agriculture, infrastructure, and housing sectors. The plant, slated for commissioning by fiscal 2028, will utilize acetylene and carbide-based production processes.