COVID-19 Decreases Demand for Paper in India, an Industrial Info Market Brief
COVID-19 Decreases Demand for Paper in India, an Industrial Info Market Brief
Due to India's COVID-19 lockdown, demand for paper, especially writing and printing paper, has fallen as online teaching and the work-from-home culture have grown. Sixty-seven large paper mills have restarted operations but they are operating at 60-70% capacity.
The Indian Paper Manufacturers Association (IPMA) has urged the government to impose tax/custom duties on cheap paper imported from China. According to EUWID Pulp and Paper, India's Directorate General of Commercial Intelligence and Statistics (DGCI&S) determined that 289,000 tons of paper were imported from China in the 2019-2020 business year.
Industrial info is tracking 182 active Pulp, Paper & Wood projects worth $6.14 billion in India, along with 346 operational plants.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- France Plans $55 Billion in Windfarms as Offshore Projects Gain Momentum
- Africa's Fertilizer Demand Sparks $5.8 Billion of Projects
- Poland's PGE Plans $7 Billion Renewable Energy Push
- Peru's Runoff Presidential Election Could Impact $45 Billion in Mining Proj...
- Industrial Construction Activity Up 37% So Far in 2021