India’s paper imports zoom 43%, domestic industry concerned

Imports of paper and paperboard into India continue unabated. Following a 25% jump in FY23 in volume terms, the paper imports in the country have further gone up by a staggering 43% in the first half of FY24, reveals data released by DGCIS. The massive growth in imports is mainly due to a humungous 257% growth in imports of paper and paperboard from ASEAN, which enter the country at zero import duty under the ASEAN-India free trade agreement.

by Dibyajyoti Sarma