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Imports of paper and paperboards have surged by 37% to approximately 1.47 million tonnes in April-December of the current fiscal year, impacting local paper mills, according to the Indian Paper Manufacturers Association (IPMA). This marks a significant increase from around 1.07 million tonnes during the same period last fiscal year.
Increase import duty on paper, paperboards to 25 pc in budget: IPMA
India's paper imports have surged by 43% in the first half of FY24, driven by a significant increase in imports of paper and paperboard from Asean countries. This growth in imports is impacting the domestic paper industry. Read the latest news on paper imports in India.
India's paper imports have surged by 43% in the first half of FY24, following a 25% increase in the previous fiscal year. The growth is primarily driv
India has the potential to emerge as a global plastic supplier and the domestic plastic market is expected to more than triple to reach Rs 10 lakh crore by 2027-28, officials said on Sunday. According to the All India Plastics Manufacturers' Association, the market size of plastics in India was Rs 3.5 lakh crore.