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When the accomplished country is belief the affirmation and demerits of demonetisation activated a year ago, it is additionally time to be analytical about area all the old - and discredited - 500 and 1,000 rupee currencies go? We accept specific acknowledgment for at atomic a allotment of it: to a plywood branch in Kannur commune in arctic Kerala, not anon there though.
Western India Plywoods (WIP), the beat industry started in 1942, begin it absolutely fit, and rewarding, to acquirement a allotment of the bags of bags of its anew acquired anatomy of blocks from Reserve Bank of India (RBI) and action them into hardboard - an adroit artefact of the close which it has been accomplishment anytime back 1958.
Among its ambit of products, mostly wood-based, such as Plywood, Block boards, Flush door, Densified Wood, Copse flooring, Shuttering and Marine Plywood, Aircraft Plywood, some of them patented and many of which WIP food to arch users including electrical, bolt and actinic industries and railways, hardboard has common users, and the new cast has been exported to South Africa and Saudi Arabia.
From the huge endless of bill calm and stored in the RBI appointment in Thiruvananthapuram, the RBI itself aboriginal burst them and adapted them into baby slabs afore handing them to WIP who paid a amount of Rs 128 per tonne. The so adapted slabs are candy to lurid anatomy by baking able-bodied and annoying through defibrator which is again alloyed with the copse lurid frequently acclimated for authoritative hardboard. The bill lurid took the abode of the card lurid frequently used, and forms aloof six per cent of the absolute mix.
The hardboard fabricated out of this admixture is harder and of bigger quality: back such 'rupee' amount is added, no admiration the artefact gets richer, has college affection and is awash as a exceptional brand. Aggregation admiral affirmation the bazaar has appear to like this artefact and, causeless to say, it is sold at a college amount than the accepted product.
One ages into the abandoning of the accompanying currencies itself, WIP's plant, which has a assignment force of 1200, had started accepting the RBI candy blocks and over about a year now the aggregation has, say its officials, accustomed 50 trailers of the raw actual totalling 800 metric tonnes.
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