Big opportunities for Indian paper manufacturers
According to news reports, the MSME Forum of Vidarbha Industries Association (VIA) recently organised a webinar on ‘Innovation and opportunities in paper and packaging industry”. The insightful session brought many key industry people representing the paper industry to discuss, share and deliberate on the way forward making way for growth and development.
It was inferred that that here is a huge requirement for filter paper which can be manufactured in India. These papers are used in automobile, medicine and water, etc. industries have a good scope in India to set up their manufacturing units. In addition, India is the biggest importer of tea bag filters and also the cold storage papers are not being manufactured here which are used in the packaging of vegetables and fruits.
With sustainability being one of the most important issues, use of paper is going to gain momentum in the near future. Molded paper products have huge scope in the market and it can be made from water paper pulp and it can replace plastic, another opportunity is in the field of folded boxes made out of the worst pulp, in this segment folding box carton and food grade paper packaging material is also a good opportunity to explore.