Sonear Industries to set up 2 units in Haryana, UP for about Rs 150 cr

Sonear Industries Ltd., which provides interior design solutions, will enter the laminate and medium density fibre (MDF) boards business. The company will set up two new factories at an estimated cost of Rs 150 crore to manufacture laminates and MDF boards in Yamunanagar in Haryana and near Bareilly in Uttar Pradesh. The new facilities will start in the first quarter of 2023 and beginning 2024 respectively.