Paper Imports

Imports of paper and paperboards have increased by 37 per cent to around 1.47 million tonnes in April-December this fiscal, which have hit the local paper mills, an industry body said on Sunday. Paper and paperboard imports were around 1.07 million tonnes in the corresponding period of the last fiscal year, the Indian Paper Manufacturers Association (IPMA) said while citing DGCI&S data. The import of the commodity had seen a 25 per cent jump to 1.44 million tonnes in FY23 in volume terms and April-December figures have crossed that also, IPMA said in a statement. Imports of paper and paperboard in huge volumes and worth Rs 10,000 crore in nine months are impacting the Make-in-India drive as well as depriving employment to 5 lakh committed farmers who are aligned with the domestic Paper Industry through agro, farm forestry, IPMA President Pawan Agarwal said. There is more than adequate domestic capacity in India to manufacture almost all grades of paper and such indiscriminate ...

The Ukraine-Russia war has put a strain on global supply chains and while transportation of various commodities have been severely impacted, India's paper imports were hit

The share of paper imports from ASEAN in total paper imports for India has risen more than four times from about 5 per cent in 2010-11 to about 21 per cent in 2019-20

The Directorate General of Foreign Trade, under the Commerce Ministry, is looking at the matter

Data shows during April to September 2019, imports rose to $706 million from $602 million during same period a year ago

Higher imports are leading to lower capacity utilisation for domestic manufacturers

The DGAD in its probe has concluded that the product has been exported to India from these countries below their normal values and consequently, the domestic industry has suffered material injury

The DGAD has said there is no investigation into imports from Indonesia and Korea

India has 15.2 million tonnes of paper and newsprint manufacturing capacity