Greenply

Summary

Greenply Industries Limited (Greenply), is among India’s largest interior infrastructure brands, headquartered in Kolkata, West Bengal.[1] The company has established a strong foothold with over 30 years of experience in manufacturing and marketing a comprehensive range of plywood, blockboards, decorative veneers, flush doors, and other allied products. The company is listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange.[2] Greenply commands a 26% market share of India's organised plywood market. The company has a strong leadership presence with 55 branches (including virtual branches) and 7,500+ channel partners across India. With state-of-the-art manufacturing facilities in West Bengal, Nagaland & Gujarat, and overseas manufacturing units in Gabon (West Africa) & Myanmar, Greenply is making its presence felt across the globe.[3] [4]

History edit

Spearheaded by Mr. Rajesh Mittal, the company saw its initial developments from a saw-mill in 1984 to a plywood manufacturing plant in Nagaland in the year 1988. It was on the 28th of November, 1990, that the company was incorporated as "Mittal Laminates Private Limited". There was an amalgamation between Greenply Industries and Mittal Laminates Limited on April 1, 1994. Later in 1996, the organization was renamed as Greenply Industries Ltd and the flagship brand of Greenply was launched in 1997.

There were other significant developments that took place as well. The brand Optima was launched in 2008 while 2011 witnessed the launch of brand Ecotec in the economy segment. 2001 observed the launch of Green Club - a premium-grade plywood that introduced 300% lifetime warranty (a first in the industry).

However, very recently in 2019-20, the premium portfolio segment of plywood consisting of Green Club Plus 700, Green Club 5 Hundred and Green Platinum was upgraded and improved (with new features & warranty terms) to meet the increasing requirement of safe & healthy homes. India’s first zero-emission (E-0) plywood, Green Club Plus 700,[5][6][7] was launched in 2020.

Chairman Cum Managing Director edit

Rajesh Mittal,[8] the Managing Director of Greenply Industries Limited (GIL), is popularly known as the plywood manufacturing baron of India, and there are legitimate reasons behind giving this influential personality the name. With a leadership foresight and strategic management, Rajesh Mittal has carved out an unprecedented growth path for Greenply. Since 1984, he has been working towards spreading the company’s wings in different pockets of India and abroad including Myanmar and Gabon, Africa. Today, Greenply enjoys the largest market share amongst the organized players along with the title of India’s No.1 manufacturer offering a comprehensive range of plywood, blockboard, decorative veneer, flush door, PVC board & doors as well as other specialized application products.

Joint Managing Director edit

Sanidhya Mittal edit

With a firm vision of making Greenply a brand leader in its category as well as one of the best places to work, Mr Sanidhya Mittal’s [9] involvement in Greenply Industries Limited dates back to the year 2012 when he decided to direct his efforts at the grassroot level of the enterprise. He learnt about the manufacturing process and technical features of products when he focused on the factory floor. He also joined the Head Office a year later to gain a deeper understanding of the fundamentals. In 2017, he took on the mantle of the business.[10]

Other Board of Directors edit

Others Board of Directors at Greenply Industries Limited[11]

  • Shiv Prakash Mittal – Executive Chairman
  • Rajesh Mittal – Managing Director
  • Moina Yometh Konyak – Director
  • Susil Kumar Pal – Director
  • Sonali Bhagwati Dalal – Director
  • Anupam Kumar Mukherji – Director
  • Vinod Kumar Kothari – Director
  • Upendra Nath Challu – Director
  • 09410005507 greenply industries Ltd

References edit

  1. ^ "Buy Greenply Industries; tgt of Rs 224: Firstcall Research". Moneycontrol. 11 July 2012. Retrieved 8 January 2024.
  2. ^ "Greenply Industries Profile". Money Control. Retrieved 15 January 2014.
  3. ^ "Greenply sets foot in West Africa". Moneycontrol. 25 September 2018. Retrieved 8 January 2024.
  4. ^ "Greenply plans to scale up capacity with additional investment of 4 mn euros at its Gabon unit". www.plyreporter.com. 1 April 2016. Retrieved 8 January 2024.
  5. ^ "Green Ply Launches Green Club Plus 700: The First-Of-Itskind Zero Emission Plywood In India". www.plyreporter.com. 1 April 2016. Retrieved 8 January 2024.
  6. ^ "Greenply Industries launches Green Club Plus Seven Hundred: The first-of-its-kind zero emission plywood in India". 8 January 2024. Retrieved 8 January 2024.
  7. ^ Green Club Plus Seven Hundred
  8. ^ "Greenply Industries Ltd Share Price Directors Report". Live stock/Share Prices at indiainfoline.com. 8 January 2024. Retrieved 8 January 2024.
  9. ^ Greenply looks at equity participation with regional manufacturers
  10. ^ Sanidhya, Mittal. "Sanidhya Mittal Director". thehindubusinessline. Retrieved 22 November 2019.
  11. ^ Money, Control. "Greenply Industries". Money Control. MoneyControl. Retrieved 7 March 2017.


External links edit

  • Official website