Paper and paperboard imports reached a record 2.05 million tonne in 2024-25 with a 33 per cent jump in volume from China, the Indian Paper Manufacturers Association (IPMA) said on Friday while expressing concerns over growing shipments. This surge in imports has emerged as a significant challenge for the domestic paper industry, undermining its growth potential and threatening investments in capacity expansion, the association said in a statement. Citing the Commerce Ministry data, the IPMA said paper and paperboard imports surged more than twofold in the past four years to hit 2.05 million tonne in FY25 from 1.08 million tonne in FY21. Imports from China now account for 27 per cent of the total paper and paperboard imports into India, and the ASEAN bloc accounts for 20 per cent of the total imports, the IPMA said. In value terms, imports of paper and paperboard touched nearly Rs 15,000 crore in FY25. The relentless surge in paper imports is a matter of grave concern for the domes
The rise in the Aditya Birla Real Estate shares came after the company sold its Century Pulp & Paper business to ITC for Rs 3,498 crore on a slump sale basis.
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Manufacturers have said that in 2019-20, the price is expected to head northward as raw material cost is likely to continue its rising trend.