Question

give an account of development of paper industry in India

Answer 1

India embraces 15th rank among paper manufacturing nations in the world. The sum of capacity is around 12.7 million tonnes.  For each capital expenditure of paper is around 11 kgs alongside the global average of 56 kgs and the Asian average of 40 kgs. India’s share in globe paper manufacture is about 2.6%. The business is fragmented with over 750 paper mills, of which only 50 mills have a power of 50,000 TPA or more. As regards, 72% of the total installed capacity of paper production in India is accounted by West Bengal, Andhra Pradesh, Gujarat, Orissa, Karnataka, and Maharashtra. Uttar Pradesh, Tamil Nadu, Haryana, Kerala, Bihar, and Assam together account for about 26% of the total paper production in India. The manufacturing is working at 89 percent capacity utilization. The present demand is estimated at 13.1 million tonnes with domestic production of 11.4 million tonnes, export of 0.5 million tonnes and import of 2.2 million tonnes. The demand is projected to boost to 23.5 million tonnes by 2024- 25. India is the greatest growing market for paper in the world with a growth rate of about 6 percent yearly. The increase of per capita paper utilization by one kg will raise the demand by about 1.25 million tonnes per annum. generally, the industry is categorized into two main sections- Paper and Paperboard and Newsprints.In terms of demand subset, Indian paper industry market containing printing & writing paper newsprint industrial paper (5.1 million tonnes) and specialty paper (0.6 million tonnes). The packaging board market size is projected at 2.4 million tonnes, mounting 11.6 %. The paper industry in India has to turn into further promising as the domestic demand is on the rise. Escalating population and literacy rate, development in GDP, development in the manufacturing sector and lifestyle of individuals are probable to account for the development in the paper industry of India. The center of the paper industry is now shifting towards more eco-friendly goods and technology.