Indian paper industry clocks record exports in first 9 months of FY 2021-22; growth momentum forecast to continue

(New Delhi, India, 2022) As per data released by IPMA (Indian Paper Manufacturers Association), India’s exports of paper & paperboard in the first nine months of FY 2021-22 saw record growth over the same period in FY 2020-21.

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Growth Momentum Forecast to Continue:
Speaking at the 16th PaperTech 2022 held recently in New Delhi, Mr AS Mehta, President, IPMA, said that the “Paper Industry in India is exhibiting “one of the fastest growths being witnessed anywhere in the world” and is most likely to continue this trajectory in the years to come as Indian economy is better placed to weather the storm caused by global upheavals.”
As per Mr Mehta, domestic demand has made a recovery post-Covid and has largely returned to (and in some segments) overtaken pre-pandemic levels. IPMA forecasts a 6-8% growth per annum. Cost effective raw material procurement remains a major issue for the Indian paper industry.
About IPMA
As a national industry body, Indian Paper Manufacturers Association (IPMA) represents the resurgent and organised face of the paper industry in India. (Source: IPMA & industry reports)