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INDIAN PAPER INDUSTRY- A SNAP SHOT

 

Paper sector is one of the fast growing industrial sectors in India. The paper industry in India is one of the 35 high priority industries having a bearing on the socio-economic development of the country. One of the key social objectives of the Indian Government, namely, eradication of illiteracy through compulsory primary education, bears a direct relation with the paper industry.

 

Indian Paper industry plays a key role in the Indian economy, with a contribution of Rs. 3000 million (USD 7 billion) approximately to the GDP and its contribution to the exchequer is around Rs. 300 million (USD 0.7 billion). The industry provides employment to more than 0.12 million people directly and 0.34 million people indirectly. The Indian paper industry plays a pivotal role in the overall industrial growth and provides the necessary media to propel the knowledge based economy forward in the new millennium.