The paper industry is one of the oldest industries in the country. It is more than 100 years old and there are many manufacturing mills in India which provide employment to the people. These mills manufacture all types of paper which are used for a wide variety of purposes.
Three different types of raw materials are used to manufacture paper which includes agro based, wood based and waste paper based materials. Today there are more than a hundred mills in India which is expanding at a tremendous rate. Different types of modernization techniques are also used in these industries.
The current scenario of the Indian pulp industry showcases huge developmental changes in various fields of the industry. The industry has adopted new techniques and advanced managerial skills to promote the development of the sector. Today there are a large number of foreign investors who have set up new plants in India. The county has become a paper manufacturing hub for the past several years.
Moreover, the government has initiated several steps to improve this industry in the country. Hand made paper is one of the most common products used in various fields. This industry provides employment opportunities to a wide section of rural population. It strictly requires a huge amount of capital as all the raw materials can be derived from recycling agricultural waste products such as raw bananas, cotton rags, jute, straw and many more. The hand made pulp industry manufactures a wide variety of products which are in great demand even in the international markets. Boxes, greeting card, bags, photo frames, diaries, albums and so forth are some of the most popular products which are exported to foreign countries.
To the constant increase in the number of educational facilities and schools in the country, there has been a substantial increase in the demand for books and other paper products in India.
Although the demand for this versatile product has increased manifold in the past few years, the industry still faces a few difficulties. Procurement of fibrous raw materials is one of the biggest challenges faced by this industry. As most of the forest-based raw materials are inaccessible and difficult to procure, most of the industries have to depend on imported pulp for production. This has seriously affected the industry in many ways. The industry incurs huge shipping and transportation costs to import raw materials from the foreign land.
Majority of the companies in the country has expanded and modernized which has affected the prices of these products in the domestic and international markets. The country produced around 16 million tons of paper every year, based on recent studies. There is an unlimited scope for development in this industry which is quite clear from the current scenario of the sector. There are many reputed industries and companies in India which mainly manufacture paper products. With its vast modernization techniques and expansion efforts, the industry will procure a strong position in the international markets in the future.