In fiscal year 2021-2022, India’s paper and paperboard exports surged by 80% year-on-year

According to the data released by dgci&s, India’s paper and paperboard exports increased by nearly 80% in the fiscal year 2021-2022, reaching the historical highest level of 13963 crore.

In terms of output value, the export of coated paper and paperboard increased by 100%, Uncoated Writing and printing paper increased by 98%, toilet paper increased by 75%, and kraft paper increased by 37%.

India’s paper exports have been rising over the past five years. In terms of quantity, India’s paper export increased fourfold from 660000 tons in fiscal 2016-2017 to 2.85 million tons in fiscal 2021-2022. During the same period, the output value of exports increased from INR 30.41 billion to INR 139.63 billion.

Mr. Rohit Pandit, Secretary General of the Indian Paper Manufacturers Association (IPMA), said that due to the capacity expansion and technological upgrading of Indian paper mills, exports have been rising since 2017-2018, which has improved the product quality and been more widely recognized in the world

In the past five to seven years, Indian paper mills, especially the organized sector, have invested more than INR 250 million for the introduction of new efficient production capacity and clean and green technologies.

Mr. Pandit added that in recent years, Indian paper companies have also increased their global marketing efforts and invested in foreign market development. In the past two fiscal years, India has become a net exporter of paper.

UAE, China, Saudi Arabia, Bangladesh, Vietnam and Sri Lanka are the main export destinations of Indian paper.

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Post time: Jun-23-2022