21 November 2024
Exports of paper and paperboard from India shall continue to witness a decline in future, domestic players are at a huge cost disadvantage
The Indian paper industry faces significant challenges, with declining exports and cost disadvantages due to reliance on imported raw materials. The National Education Policy (NEP) has yet to boost writing and printing paper consumption, while excess capacity in the packaging sector, particularly in kraft paper and duplex board, exacerbates the situation. Global trends, such as lower pulp prices and the decline of the office paper market, further affect the industry. Additionally, rising shipping costs and insufficient waste paper collection infrastructure in India contribute to raw material shortages. Efforts to improve waste paper collection and reduce dependence on imports are essential to address these issues and support the industry’s sustainability.