Greenply Industries Ltd, JMD and CEO, Shobhan Mittal was felicitated with the industry Leadership Award at the The Economic Times Asian Business Leaders Conclave 2017 in Malaysia, for his years of significant contributions to the industry and his expertise in the wood panel industry. This has been an eventful year for the wood panel industry, which recently witnessed the single biggest tax reform post-independence – the Goods and Services Tax (GST), which makes our nation amongst the progressive economies which have adopted a unified tax structure. The roll-out of GST has generated a lot of interest and response from the industry with reactions pouring in from across the country.
Expressing his gratitude, Mittal said that the government’s focus on creating more infrastructure, attracting foreign direct investment (FDI) in real estate, the government’s ‘housing for all’ initiative and development of smart cities to accommodate India’s growing urban population, are some of the growth drivers for the development of real estate and construction sector. Greenply Industries Limited (GIL) being one of the largest interior infrastructure companies in India stands to be benefited by these growth drivers.
With the objective of continuously seeking new pathways forward, Mittal created the Engineered Panel Division of Greenply Industries Limited which manufactures, markets and exports Medium Density Fibreboard (MDF) and Flooring solutions.
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