FOR IMMEDIATE RELEASE India Paper Industry Outlook – Growing education sector will boost the paper industry Netscribes, Inc. launches a report on Paper Industry in India 2014 covering a market with strong growth potential. It is a part of Netscribes’ Technology Series. Mumbai, India – October 16, 2014 – Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Paper Industry in India 2014’. Growth in newspaper industry as well as other publications is driving demand for paper.
Netscribes’ latest market research report titled Paper Industry in India 2014 states that the domestic Paper industry has immense potential for growth despite increasing input costs. The Indian Paper Industry has emerged as a diversified industry that produces various types of papers that comes in various use such as watermark, filter paper, drawing sheets, etc. Growing education sector supported by increased government spending is boosting paper sales in India. Growth in newspaper industry and increasing number of toll collection plazas is also driving demand for paper in the country. Government of India has taken up various initiatives addressing several issues being faced by industries and has intervened to support the industry. However, the industry also has to contend with several bottlenecks. Steadily increasing rate of internet penetration poses a threat to the conventional printing industry. Printers and publishers are increasingly moving away from the traditional newsprint to other mediums such as tablet PCs and smart phones to distribute their content. E Books market is currently witnessing a positive growth owing to the huge presence of tech savvy youth and working class population. This in turn will pose a challenge to the domestic print industry players. Escalating input costs and shortage of raw material has been a major concern for the industry. However, domestic paper manufacturers are now focusing on pulpwood cultivation area expansion in order to source raw material. Wood pulp is the primary raw material used in the production of paper and availability of wood pulp is limited in the country. As a result domestic paper manufacturers importing wood chips from different sources to meet their increasing demand. For more details on the content of each report and ordering information please contact:
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