Indian Paper Industry Under Threat from Imports

Indian Paper Industry Under Threat from ImportsThe Indian Paper Manufacturers Association (IPMA) has raised alarm over the sharp rise in imports of virgin fibre paperboard (VFP), primarily from China and Chile. These imports, priced below production costs, are eroding the profitability of domestic manufacturers and jeopardizing their investments.The surge in imports, particularly in recent months, has reached alarming levels, constituting a significant portion of the domestic demand. This trend, coupled with the anticipated increase in imports from Indonesia, poses a serious threat to the growth and sustainability of the Indian paper industry.The IPMA is urging the government to take immediate action to protect domestic manufacturers and ensure a level playing field. This could involve implementing measures such as tariffs, quotas, or stricter anti-dumping regulations to curb unfair trade practices.