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Greenlam Industries on Monday informed the exchanges that it has commenced commercial production of the expanded capacity of laminates at Nalagarh, Himachal Pradesh, to manufacture an additional 2 million laminates sheets per annum. With this expansion, the installed capacity for laminates has risen to 1.402 crore laminate sheets per annum. The expansion has the potential to generate revenue of ₹120 crore annually on full capacity utilisation, said the company in the notification.
Manugraph India said that it has received a notice of strike dated May 18, 2017 from Manugraph India Ltd Employees Union regarding settlement of wage revision for bargaining employees. “Though negotiations for settlement of wage revision were in progress, the Union proceeded to go on strike from June 1,” the company said. It further added that during the period of strike, the company’s production/dispatch may be hampered.