India’s paper imports more than double in four years to 2.05 million tonne, posing challenges for local players: IPMA

 

  • India’s paper imports more than double in four years to 2.05 million tonne, posing challenges for local players: IPMA


  • Paper and paperboard imports reached a record 2.05 million tonne in 2024-25 with a 33 per cent jump in volume from China, the Indian Paper Manufacturers Association (IPMA) said  while expressing concerns over growing shipments.
  • Urge the government to implement stricter quality control measures, review trade agreements that lead to duty-free or low-duty access for paper imports, undertake trade remedial measures, and ensure a level playing field for the Indian paper industry
  • Imports have made most small and medium paper mills in India commercially unviable. 
  • According to Department for Promotion of Industry & Internal Trade (DPIIT), out of over 850-900 paper mills in the country, only 550 are operational
  • The relentless surge in paper imports is a matter of grave concern for the domestic paper industry, which has invested substantially in capacity building and sustainability initiatives
  • Imports from China now account for 27 per cent of the total paper and paperboard imports into India, and the ASEAN bloc accounts for 20 per cent of the total imports, the IPMA said.
  • Citing the Commerce Ministry data, the IPMA said paper and paperboard imports surged more than twofold in the past four years to hit 2.05 million tonne in FY25 from 1.08 million tonne in FY21.

Comments

Popular posts from this blog

Transcript of NMDC Limited post Q4 & FY 2024-25 Results

Looking to park some excess funds for the short term.?

𝐖𝐡𝐲 𝐃𝐨 𝐍𝐑𝐈𝐬 𝐈𝐧𝐯𝐞𝐬𝐭 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚?