Touted as one of the most vibrant export industries in India, the paper products and industry supplies products worth 400 Crores of rupees to other countries and contributes to the economy of the country in a big way. More than 515 industrial units that manufacture paper products cater to the burgeoning needs of paper products both within and outside the country. The raw materials for making paper are also imported from neighboring countries to meet the demand, which might add up to the overall cost of these products.
The consumption of paper products like bags, cardboards, tissue paper, envelopes, tissue papers, note books, albums, photo frames, kites plates and glasses have increased manifold over the years. With the go green concept gaining ground, people have endorsed paper products as a safe and eco friendly substitute for plastic products. This has resulted in tremendous growth prospects in paper industry. However dearth of raw materials and lack of proper infra structure still remain major obstacles for the development of paper industry in India. There are many sick units that are remaining idle due to the non availability of pulp. The government has taken various steps to revive this industry including reduction in import duties and introduction of state of the art production technologies among others.
Paper products are also used in various other industries like communication, and construction. In addition to mill made paper there are handmade paper products and recycled paper products that are hugely popular among the users. The handmade paper products are durable and are used mostly to make gift articles and greeting cards. Recyclable paper made from agricultural waste materials like straw, banana and cotton or jute rags play a major role in protecting the forests of the country and to reduce the effects of deforestation.
Paper products and industry requires only a low capital and can also be set up even in villages and it provides employment to a majority of rural people in the country. With government initiative and promotional strategies, the paper industry will be one of the most promising industries in India.
B2B marketplace is a one stop shop to know more about the various suppliers and manufacturers of paper products in India.