New Delhi, May 31 -- India's paper and paperboard industry is navigating a complex landscape marked by rising imports, environmental activism, and strategic investments.
According to the Indian Paper Manufacturers Association (IPMA), imports of paper and paperboard surged by 20% to 1.76 million tonnes between April and December 2024, reaching a value of Rs.11,196 crore.
This increase is largely attributed to a 36% rise in imports from China and a 23% uptick from ASEAN countries.
The influx of cheaper imports, often priced below domestic production costs, has strained local manufacturers, leading to underutilised capacities and financial pressures.
In response, domestic producers are investing Rs.25,000 crore in capacity expansion and ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.