The Bangalore based Teekays Interior
Solutions' medium density fibre board (MDF) manufacturing facility near Bangalore
is expected to go on stream by early 2009.
The Rs.206 crore facility, being
funded with an equity-debt ratio of 40:60, is coming up on 25 acres of land
allotted by the Karnataka government. The facility will have a production
capacity of 1,00,000 cubic metre of MDF a year.