With improvement in literacy rates, rising circulation and an increase in number of newspapers and magazines the newsprint demand in India is expected to reach 2.8 million tonnes in financial year 2020, according to a study by Care Ratings, the second-largest credit rating agency in India. While growth in demand of newsprint is a good news for both — the publishing industry and paper industry — the rising prices of newsprint continues to be a key concern for Indian as well as global publishers.
Addressing the issue of prices, the study observes, “tight markets, low Chinese pulp inventories, lack of supply