Industrial Goods & Services
Shobhan Mittal says Greenply is Setting up Asia's Largest Environment Friendly MDF Plant
Shobhan Mittal, JMD & CEO of Greenply Industries stated that GIL is now expanding its business operations by setting up another state of the art facility for manufacturing MDF Board in Routhusurmala village, Thottambedu Mandal, Chittoor district of Andhra Pradesh. This plant with an annual capacity of 3,60,000 CBM will be the largest MDF plant in Asia and the fifth largest plant in the world. The mega project would entail significant investment in the industry of wood based panels in India. Greenply Industries Limited, is one of the leading interior infrastructure companies in India, and is primarily engaged in manufacture, marketing, distribution of Plywood and Medium Density Fibre Boards (MDF). Shobhan Mittal, former Executive Director of Greenply Industries has set up 5 manufacturing facilities across India in the states of Uttrakhand, West Bengal, Gujarat and Nagaland. The company has 4 state-of-the-art manufacturing facilities for plywood and one facility for MDF, spread nationwide and produces world-class wood panel products. The flagship brands of the company are Green Panel Max and Green Floormax, among others. Given the imminent need to increase production of wood panel products across the country in order to bridge the demand-supply gap, it is imperative that the traditional inefficient wood panels be replaced with wood efficient MDF panels, thereby ensuring sustainable economic development with minimum burden on the environment / natural forest. Shobhan Mittal said, "The project is environment friendly and would help in reduction of biotic pressure on natural forest. With the production of MDF Board, GIL would be able to reduce demand of wood and consequently the burden on natural resources would be reduced ". He further stated, "The new MDF plant shall substantially increase the nation's existing capacity to produce MDF and would result in substituting imports with domestic production. This would reduce the outflow of foreign exchange and consequently help in saving nation's foreign exchange reserves ". The plant will also generate substantial commercial activity to contribute both directly and indirectly to the state of Andhra Pradesh. The project shall provide direct as well as indirect employment opportunities to a number of people both skilled and unskilled in the state of Andhra Pradesh. The project shall be based on short rotation, fast growing plantation crops. The wood species (Eucalyptus, Subabul, Casuarina, Prosopis, Acacia etc.) required to be used in the proposed manufacturing plants are grown by the local farmers and provide a direct source of income to them. It will support the plantation activities to the extent of 8000 to 10000 hectares per annum. As per the estimates, it will generate indirect employment to the tune of 4 million man-days annually and an amount of Rs 1500 crores is estimated to be rolling in the rural economy in each rotation cycle of 5 years. Shobhan Mittal further added that setting up of the MDF Board facility in Andhra Pradesh would also encourage and support development of various ancillary industries like furniture, panel, transport, artisans etc. in the state of Andhra Pradesh which, in turn, would lead to significant employment opportunities.
Nov 14, 2017 - Greenply
Real Estate & Construction are top employment sectors: TimesJobs
Real Estate & Construction return as top employment generators in April 2017, states the latest TimesJobs RecruiteX Report Overall talent demand was up by 3%, real estate posted a 7% rise in talent demand and the construction sector saw a 6% rise in demand. With the Government’s focus on providing affordable housing to India’s 1.3 billion citizens, the construction and real estate sector is gearing up for massive growth. This was evident with the Construction & Real Estate Industries posting the highest growth in demand for skilled professionals, as reported by the latest RecruiteX, the recruitment index by TimesJobs. While overall talent demand was up by 3% during April 2017, real estate posted a 7% rise in talent demand and the construction sector saw a 6% rise in demand. “Our RecruiteX report reflects the growth of the Indian middle class and their rising purchasing power, which has converted the dream of owning a home into tangible demand for affordable housing. When coupled with Prime Minister Modi’s drive to create a business-friendly environment, drive real estate growth, and create jobs, the sector is on a hiring spree to take advantage of the next growth wave.” explains Ramathreya Krishnamurthi, Business Head, TimesJobs. While construction and real estate were the top hiring sectors during April 2017. Logistics, petrochemicals, IT, Telecom and BFSI also hired significantly during the month. Business managers, consultants, hospitality, logistics and BFSI professionals reported significant rise in demand. IT, Telecom and engineering profiles, too witnessed rise in demand. Among key locations, Bengaluru and Pune posted the maximum rise in demand. Ahmedabad and Indore were the top hiring among the non-metros. Among states, Maharashtra (excluding Mumbai and Pune) posted a 5% rise in demand. Hiring gained momentum for experienced professionals while it dropped for freshers. Candidates having over 20 years of experience posted highest rise in talent demand in April 2017. Key Takeaways – Overall, hiring was up 3% during April 2017. Key employment sectors and functional areas contributed to the rise in hiring activity. · Real estate posted a 7% rise in talent demand. Construction sector saw a 6% rise in demand. · Business management/consultants reported a 21% rise in demand. · Among top hiring locations, Bengaluru and Pune witnessed a 14% rise in demand. · Candidates across all experience categories saw an active rise in demand, especially candidates with over 20 years of experience, who saw a 10% rise in demand. Recruitment trends by Industry RecruiteX reports a rise across key employment generating segments. As mentioned earlier the real estate and construction industries were the best performing sectors during April 2017. > Real estate registered highest rise of 7% in hiring during April 2017 > Construction sector posted a 6% rise in demand. Logistics sector reported a rise of 4% in talent demand. > Petrochemicals sector posted a 3% rise in demand > IT & Telecom and BFSI sectors also saw a 2% rise in demand. Recruitment trends by Profession During April 2017, demand grew across key functional areas. Business management and consultants were the most in-demand profiles during the month. > Business management/consultants reported a 21% rise in demand. > Hospitality professionals witnessed a 12% rise in demand. > Logistics and BFSI professionals saw an 11% rise in demand and IT/telecom witnessed a 10% rise. Recruitment trends by Location Demand witnessed positive hiring momentum in most major employment hubs during the month of April 2017. Bengaluru and Pune were the best performing locations, during the month. > Among top ten locations, Bengaluru and Pune reported a 14% rise in demand. Hyderabad also posted a significant 13% rise in demand. > Chennai saw an 11% rise in talent demand in April 2017. Delhi-NCR posted a 5% rise in demand. > Ahmedabad and Indore posted an 8% rise, Jaipur saw a 3% rise and Chandigarh reported a 2% rise in demand in April 2017. Recruitment trends by experience levels Talent demand was upbeat across all professionals with experience, except freshers and those with less than 2 years of experience. > Candidates with over 20 years of experience reported highest rise (10%) in demand during April 2017. > Candidates with 5-10 years of experience posted an 8% rise in talent demand, followed by candidates with 10-20 years of experience with a 6% rise. > Candidates with 2-5 years of experience witnessed a 5% rise, while freshers and candidates with less than 2 years of experience reported a 4% drop. Click Here to Download the Report - http://bit.ly/2quvPE0
May 18, 2017 - TimesJobs
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