Imports of paper and paperboards have surged by 37% to approximately 1.47 million tonnes in April-December of the current fiscal year, impacting local paper mills, according to the Indian Paper Manufacturers Association (IPMA). This marks a significant increase from around 1.07 million tonnes during the same period last fiscal year.
Paper and paperboard imports rise 37% in Apr-Dec FY23 dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
Domestic paper and paperboard manufacturers have demanded a hike in import duty to 25 per cent on paper products and the imposition of a quality control order in the upcoming Budget to discourage cheap inward shipments.
The Indian Paper Manufacturers Association (IPMA), in a statement on Monday,