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Laminates with Lift-Off: Andhra’s Rs 3.29B Bet on Greenlam Fuels Future Growth

Updated: July 16, 2025 17:15

Image Source : Greenlam Industries

The state government of Andhra Pradesh approved a Rs 3.29 billion incentive package for Greenlam Industries Ltd to support its new unit at Naidupeta. The action is a reflection of the state's drive towards industrialization and employment generation.

Key Highlights:

- Incentives are tax rebates, infrastructure incentives, and capital subsidies

- The project will focus on laminates, engineered wood, and surface materials

- Naidupeta's industrial corridor offers logistics advantage and access to skilled manpower

Strategic Impact

- Anticipated to generate over 1,000 direct and indirect job opportunities during the first phase

- Greenlam intends to extend its footprint in the export market in Asia-Pacific and Middle East territories

- The move is in line with India's Make in India program and policy of import substitution

Market Sentiment:

- The action is seen by analysts as a catalyst for Greenlam's future growth

- The company’s stock saw modest gains post-announcement, reflecting investor confidence

Sources: Moneycontrol, CNBC-TV18, Economic Times, Business Standard, Andhra Pradesh Industrial Development Authority.

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Key Highlights Kanpur district has kicked off Groundwater Awareness Week, which will last from July 16 through 22, as a collective effort to bring citizens, institutions, and government agencies together for improved water management. The initiative is an immediate response to local apprehensions of dwindling aquifers in the region and seeks to educate, motivate, and involve the community through practical conservation measures and awareness drives. Community-Based Engagement and Educational Activities District Magistrate Jitendra Pratap Singh pointed out that all the government departments, local educational institutions, colleges, and schools are involved in the observance. Various activities—workshops, seminars, quiz competitions, and field visits—are being organized to enhance public awareness about groundwater's vital role in daily life. The event's core message, "If water is safe then tomorrow is safe," resonates through school curricula and public exhibitions, with rainwater harvesting, recharge pits, rejuvenation of traditional ponds, and drip/sprinkler irrigation showcased as achievable solutions. Groundwater Conservation Successes and Solutions Kanpur's recent prosperity has its roots in a state-level commitment: over the past seven years, 34 development blocks in Uttar Pradesh have overcome long-standing water scarcity through composite interventions. Some of the key strategies include construction and rejuvenation of ponds for recharging aquifers, constructing check dams, and promoting water-conserving agriculture practices such as drip and sprinkler irrigation. Successful enforcement of the Uttar Pradesh Groundwater (Management and Regulation) Act 2019 has facilitated stricter regulation, monitoring, and sustainable extraction, with every district constituting a special Groundwater Management Council. Success stories like the Noon River revival—the revival of a historically significant 48-km river in Kanpur through a mix of community initiative, satellite mapping, afforestation, and pollution control—underscore the transforming potential of collaborative citizen and government effort. Jal Shakti Abhiyan and Statewide Momentum The Jal Shakti Abhiyan-VI, which was started in March 2025, also continues to complement these initiatives by focusing on people's involvement in water conservation, water body rejuvenation, and rainwater harvesting initiatives. Through years of collaborative efforts, Kanpur endeavors to stimulate behavior change at the grassroots level, guarantee future water security, and serve as a role model for other districts facing similar challenges. Sources: Times of India, Instagram, CGWB

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