According to Directorate general of Business Information and Statistics (DGCI & S), India’s paper and board exports increased by almost 80% to a record high of Rs 13,963 crore in the financial year 2021-2022. #Paper cup fan custom
Measured in production value, exports of coated paper and cardboard increased by 100%, uncoated writing and printing paper by 98%, toilet paper by 75% and kraft paper by 37%.
India’s paper exports have increased over the past five years. In terms of volume, India’s paper exports quadrupled from 660,000 tonnes in 2016-2017 to 2.85 million tonnes in 2021-2022. During the same period, the production value of exports increased from INR 30.41 billion to INR 139.63 billion.
Rohit Pandit, general secretary of the Indian Paper Manufacturers Association (IPMA), said exports will increase from 2017-2018 due to expansion of production capacity and technological upgrades of Indian paper companies, resulting in improved product quality and make the worldwide recognized. #PE coated paper roll
Over the past five to seven years, India’s paper industry, particularly the regulated sector, has invested more than 25,000 INR crore in new efficient capacity and the introduction of clean and green technologies.
Mr Pandit added that in recent years, Indian paper companies have also stepped up their global marketing efforts and invested in developing foreign markets. In the last two financial years, India has become a net exporter of paper.
The United Arab Emirates, China, Saudi Arabia, Bangladesh, Vietnam and Sri Lanka are the main export destinations for Indians make paper.
Post time: Jun-07-2022