List of Profitable Projects on Paper and Paper Products Manufacturing Industry

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List of Profitable Projects on Paper and Paper Products Manufacturing Industry

Production of Paper & Paper Board, Paper & Allied Products, Paper Bags, Cups, Cone, Tube, Paper Conversion, Disposable Paper Products, Kraft Paper, News Print, Waste Paper Recycling, Pulp, Corrugated Board & Boxes, Hand Made Paper, Card Board

The paper industry in India has become more promising as the domestic demand is on the rise. Increasing population and literacy rate, growth in GDP, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. Many of the existing players are increasing their capacity to meet the growing demand. The focus of paper industry is now shifting towards more eco-friendly products and technology. 

India holds 15th rank among paper producing countries in the world. The per capita consumption of paper is around 11 kgs against the global average of 56 kgs and the Asian average of 40 kgs. India’s share in world paper production is about 2.6%. The industry is fragmented with over 750 paper mills, of which only 50 millls have a capacity of 50,000 TPA or more. The industry is working at 89 per cent capacity utilization.

About 70% of the total installed capacity of paper production in India is accounted by Gujarat, West Bengal, Orissa, Andhra Pradesh, Karnataka and Maharashtra. Uttar Pradesh, Tamil Nadu, Haryana, Kerala, Bihar and Assam together account for about 25% of the total paper production in India. 

The paper industry plays a crucial role in protecting the nation’s socio-economic strength. This is largely because usage of paper is considered a yardstick for measuring cultural growth, especially in the pursuit of information and knowledge. Improved supply chains for produce and goods also imply a better improved logistics of which effective and efficient paper packaging generally go hand in hand with increased prosperity. As one of the world’s fastest growing economies with functional literacy around 80% according to government and growing, India is well set to absorb huge quantities of paper in the years ahead. And yet, our country consumes just about 3% of the global production of paper, which means that the average Indian consumes only about 10 kg of paper every year against a global average of over 58 kg. Indonesia consumes 33 kg of paper per capita while Japan consumes more than 220 kg per capita.

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