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MP Chief Minister lays foundation stone of Rs. 1000 cr Elixir Industries MDF Project

March 5th 2020

The  Chief Minister of Madhya Pradesh Dr. Mohan Yadav performed the Bhoomi-Poojan of a Rs. 1,000 crore modern mega wood based manufacturing unit of Elixir Industries on 21st March, 2025 in Malanpur Industrial Area of Bhind district.

During the triumphant occasion,  Panchayat and Rural Development Minister Prahlad Patel expressed his unreserved admiration over the industrial progress in the Chambal region, stating that the Rs 1,000 crore investment in Malanpur will mark a new chapter in the area's development. The industrial boom is creating a favourable environment for economic growth and employment opportunities.

L-R: Mr. Saurabh Geol, MD; Mr. Arun Goel, Chairman; Mr. Madhav

To uplift the prospects of Madhya Pradesh’s industrial growth, Elixir Industries Private Limited’s mega-scale modern unit facility will manufacture Medium-Density Fiberboard (MDF), Particle Boards, and other value-added products. This project can be hailed as a historic initiative for the state's industrial landscape, promoting employment, agro-based industries, and a greener environment.

Elixir Industries Private Limited's contribution will be a significant milestone in Madhya Pradesh’s industrial progress. Company Chairman Mr. Arun Goel, MD Mr Saurabh Geol and President Mr. Raman Poddar were present on this occasion. Mr. Paddar said to The Ply Reporter that in the first phase, the company will start MDF production of 1000 cubic meters per day of European Siempelkamp continuous line, which has expected to commence production by April 2026.

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