The Offset Printers Association (OPA) has condemned the sharp rise in the prices of raw material, especially paper, plates and chemicals. According to the organisation, the unprecedented escalation of price of paper by the paper mills has proven to be a major hurdle, while consumables industries are not willing to pass on the cost, making the printing business unviable.
The Indian paper market faces a difficult situation due to extreme under supply and high input costs. The surge in production cost, logistics, chemicals, and raw materials have forced paper mills to increase prices to an all-time high. Kamal Chopra of OPA and president of WPCF in Belgium explains how the industry is coping with the present situation.
While concurring with the government’s claim that the Union Budget 2022-2023 will change the scale of India's economy, few print industry executives also ask, what’s in it for print? How will the Rs 7.5-lakh crore infrastructure development projects benefit HUL or for that matter Parksons?
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