Kochi: Indian paper industry has expressed concern at the rising import of paper and paper boards.
Import of paper and paper board witnessed 28% rise in 2016-17 from a year earlier at 14.17 lakh tonnes, which is a new high.
"Indiscriminate import of paper is hurting the interests of domestic industry which does not enjoy a level playing field vis-à-vis imports from countries where cost of production of paper is a fraction of cost in India as raw material, inputs and energy is much cheaper and easily accessible", Indian Paper Manufacturers Association (IPMA) has said in a communication to the Government.
Imports of paper and paperboard into India have been increasing steadily year after year. In the last six years, imports have risen at a CAGR of 15.8% in value terms and 17.6% in volume terms. Read more
Import of paper and paper board witnessed 28% rise in 2016-17 from a year earlier at 14.17 lakh tonnes, which is a new high.
"Indiscriminate import of paper is hurting the interests of domestic industry which does not enjoy a level playing field vis-à-vis imports from countries where cost of production of paper is a fraction of cost in India as raw material, inputs and energy is much cheaper and easily accessible", Indian Paper Manufacturers Association (IPMA) has said in a communication to the Government.
Imports of paper and paperboard into India have been increasing steadily year after year. In the last six years, imports have risen at a CAGR of 15.8% in value terms and 17.6% in volume terms. Read more