Tuesday, April 2, 2013

India P&PB To Surpass 11 Billion USD

http://www.prweb.com/releases/2013/3/prweb10570410.htm
Increasing population, literacy rate, growing GDP, improvement in manufacturing sector and changing lifestyle in the country will spur the demand of paper and paperboard. The paper Industry of India has evolved to a great extent. The industry which once faced the famine situation in 1970s has now emerged as self efficient to meet its domestic demand as well as export the products outside India. Currently there are over 750+ pulp and paper mills in India. One of the major characteristics of the paper industry of India is high presence of small and medium sized paper mills in India. The big corporate has started venturing into the paper industry of India which is a good sign as this would bring the required investment to upgrade the technology used in the industry and increasing the efficiency.