Company Profile

The Forest Development Board was established by the Government of Maharashtra in 1969 for converting large blocks of low value mixed forests into valuable  stands by undertaking teak plantations on large scale as teak fetches considerably higher revenue as compared to other miscellaneous species. Taking this into the experience and the recommendations of the National Commission on Agriculture regarding raising of manmade forests, "Forest Development Corporation of Maharashtra Limited " was incorporated under the Companies Act, 1956 on 16th February 1974 as a wholly owned subsidiary Company of State Government of Maharashatra.