Indian paper mills put expansion on hold

The industry has not seen an expansion in capacity for the last year or so due to many factors with the availability of cheaper import from ASEAN countries being on top of the list. In an interview to a business journal Saurabh Bangur, president, Indian Paper Manufacturers Association (IPMA) and vice chairman of West Coast Paper said, “Domestic paper manufacturers find it difficult to be globally competitive due to non-availability of raw materials like wood, agro residue or recycled fibre which significantly impacts the cost of paper production. Due to lack of competitiveness, cheap import...
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Capex in paper industry at a standstill due to cheaper imports: IPMA

Imports from ASEAN countries was up a staggering 67% in FY17; Chinese shipments were up 44% Paper mills in the country are finding it difficult to tap the growth potential, which is in tune with the Gross Domestic Product (GDP) growth, due to import of cheaper paper from ASEAN countries, said Saurabh Bangur, president, Indian Paper Manufacturers Association (IPMA) and vice chairman of West Coast Paper. The industry in India has not been expanding capacity for the past 12 months or more, owing to this challenge. "As per Directorate General of Commercial Intelligence and Statistics (DGCIS)...
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Welcome to the official website of Indian Newsprint Manufacturers Association (INMA). Coming together is a beginning. Keeping together is progress. Working together is success. As members of the INMA Family, we have all taken different journeys, engaged in different experiences since its incepti...
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