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Greenlam's wholly-owned subsidiary has received a special package of incentives from the Government of Andhra Pradesh. This crucial support is for its existing Particle Board (Chipboard) project and planned future investments in Naidupeta until March 2029. This business development is a significant positive, potentially reducing operational costs and enhancing the long-term profitability and viability of its manufacturing facilities in the region, subject to fulfilling policy conditions. This signals a conducive environment for Greenlam's expansion.