Paper and paperboard imports into India jumped by 20 per cent to 1.76 million tonnes in the April-December period of 2024-25, according to the Indian Paper Manufacturers Association.
In value terms, paper and paperboard imports surged to Rs 11,196 crore (USD 1.3 billion) - breaching Rs 10,000 crore for the first time in the nine-month period, the association said, adding that in volume terms the shipments are the highest for the nine months.
A significant contributor to this surge is the 36 per cent increase in imports from China and a 23 per cent increase from ASEAN in volume terms, exacerbating the challenges faced by Indian paper manufacturers, IPMA said.
India remains the fastest-growing paper market in the world, yet the domestic manufacturing sector is struggling since the rising demand is being increasingly met by imports, IPMA President Pawan Agarwal said.
This paradox - where demand is growing while domestic manufacturing suffers - is a rare and alarming situation, he ...