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Paper & paperboard imports rise by 3.5% to 992,000 tonnes in Apr-Sep FY25

Business Standard LogoBusiness Standard4h ago

Paper & paperboard imports rise by 3.5% to 992,000 tonnes in Apr-Sep FY25 - Business Standard

Quick Summary:

Paper and paperboard imports rose by 3.5 per cent to 992,000 tonnes in the April-September period of 2024-25, driven by a sharp rise in shipments from China, according to Indian Paper Manufacturers Association (IPMA).

"After some moderation during the two Covid years, paper imports in India have continued to surge, hurting the growth of the domestic manufacturing industry, which is reeling under low-capacity utilisation and depressed bottom lines", said IPMA President Pawan Agarwal.

Imports of paper and paperboard from China rose by 44 per cent during the first half of the ongoing fiscal year despite adequate production capacities in the country, the IPMA said in a statement.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 16:50:16 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 358 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23719262

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 239 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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