Emami Group and WBIDC is planning to invest Rs. 22000 million to set up a writing & printing paper manufacturing plant in Kultikuri in Midnapore district of the state. The plant will set up with Scandinavian and German technology. The plant will be a part of WBIDC ‘Paper & Allied Park’ and will occupy 1415 acres of land. Of this 600 odd acres are yet to be procured while the remaining is under the ownership of Emami. The plant will become operational after 42 months from the date of possession of land. Paper plant will provide direct employment to 8000 people and will produce 2,00,000 tonnes of paper. The plant will also require 6.5 lakh of pulp wood, of which one-third will be procured from govt. sources and the remaining will be from Emami Social forestry, Balasore.
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