Industry Segment: Market Brief | Word Count: 129 Words

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.