How to Start Paper Manufacturing Business in India?
How to Start Paper Manufacturing Business in India? Paper is one of the most widely used materials with a wide range of applications in our day-to-day life. It also finds applications across industries such as packaging, publishing, etc. Despite people moving towards digital mediums, the demand for paper has been increasing over the past few years, which in turn is increasing investments in the paper and printing industry. The Indian paper industry is expected to grow at a CAGR of 5.5% over the next five years. Growth of e-commerce, shift towards sustainable packaging, increase in literacy rate, etc. are some of the factors contributing to the growth of the paper manufacturing industry in India. The government’s measures to minimize the usage of plastic are helping the industry to grow. The paper industry offers great opportunities for large industries as well as small and medium-scale industries across the value chain. The industry has seen a large numb...