Paper industry pleads for protection from cheaper imports

Details: Category: Industry Overview

With global economy slowing down, there has been a huge pile up of inventories for larger paper mills in China and Indonesia. They are seeking push some part of their inventory into India and other Asian markets. Indian paper though going strong with domestic demand, has made a demand to the Union Ministry through IPMA to raise the duty of imported paper from 10% to 15%. China has recently re-introduced export incentive for their paper industry and this has raised alarms.

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