Nissiwood belongs to the PAAREL group of companies which has been in the wood and plywood industry for four generations. The pioneer in this field and the trail blazer Late Mr. P I Thomas, was intrigued by the plywood tea chests in the ship during his voyage to England from India. Tea chests were brought from England to pack tea and transport back to England. He then decided to make these chests here in India itself and that was the beginning of  this long tradition of ours in wood. It was  in the year 1935 that he started The South India Plywood Industries (SIPI) in Kottayam in Kerala State of India which was the first plywood factory in Kerala and the third of its kind in the whole country. And the family expanded its horizon by adding Sylvan Plywood Mills, Timpeck Plywood Mills, Paarel Laminates, Paarel Imports & Exports Pvt. Ltd etc., all in Kerala State

Among the other  companies in the group, Nissiwood was promoted by the Paarels in the year 1985.  Production is planned and executed in two different units for the convenience of storage of logs and comprehensive R & D for machines, resins and printing technology. There is an active marketing team with office in Cochin, India is Nissiwood's window to the outside world with emphasis on catering to the needs of its customers worldwide.

The CEO of Nissiwood, Mr. Punnose P Elias has immense experience in wood, travels to the wood sourcing countries and selling regions. He was trained under the United Nations programme of The FAO with technology for plywood. His affinity towards research and development has lead to the development of Microthin process technology.

The Paarels are also actively involved in the sporting arena. TEAM PAAREL is well known in India for the last 25 years in motor sports. This team has won many laurels in the Indian national motor Rallying circuits from the Himalayan Car Rally to Popular Rally of Kochi.