Thakkar says expansion to meet market needs with quality products
Products from Jumbo Laminate Project in Gandhinagar is to export its jumbo-sized laminates, especially the US and Europe, and to ensure that this new product has an immediate foothold, the company has already started to set up sales and marketing networks, said Rushil Decor Limited (BSE: 533470) (NSE: RUSHIL).
This includes appointing staff and distributors to drive market penetration across Europe and the US. This strategic initiative is expected to enable Rushil Decor to capture the expanding market demand for jumbo laminate formats, said the Ahmedabad company Managing Director Rushil Thakkar said on 4 Nov of 2026 market plans https://www.bseindia.com/.
This new facility is not only an expansion of Rushil Decor’s production capabilities but also a testament to its vision of meeting market needs with quality products https://www.nseindia.com/.
Jumbo Laminate Project is a pivotal initiative that will enable Rushil Decor to tap into the growing demand for thicker-format decorative laminates. Despite temporary delays in the project due to supply chain challenges and inclement weather, the Gandhinagar facility is now on track to commence operations by Q4 FY2025. This facility is projected to produce 2.8 million sheets annually, strengthening the company’s position in the expanding jumbo laminate market https://fieo.org/.
In its first full year of operations, the Jumbo Laminate Plant is expected to generate Rs.60 crore to Rs.80 crore in revenue on a conservative basis, with an EBITDA margin of 14% to 16% https://www.conexpoconagg.com/.
“With strategic expansions, the Jumbo Laminate Project’s imminent launch and growing international demand, Rushil Decor is positioned to deliver sustained growth and value creation in FY2026, said the company https://www.makeinindia.com/home/.
“Our focus on market-driven initiatives, expanding capacity and fostering long-term sustainability remains at the core of our mission. The company’s commitment to excellence in product quality, market expansion and sustainable growth serves as the foundation for its long-term commitment to stakeholders as it pursues new growth prospects in the dynamic MDF, Laminates and Plywood markets https://sbi.com.in/.”
Additionally, Rushil Decor’s foray into the plywood segment is a natural progression in its product diversification strategy. Although faced with minor delays, this joint venture is expected to generate revenues of Rs.12 crore to Rs.14 crore in its initial phase, scaling up to Rs.45 to Rs.50 crore in subsequent years with EBITDA margins estimated at 9% to 11% https://www.jpx.co.jp/english/.
Expansion into the plywood market is focused on offering a complete range of wood panel products to distributors, enabling opportunities for cross-selling across the product line and will focus solely on the Indian market http://deutsche-boerse.com. Fiinews.com
