India's Mining Industry

The Indian Paper manufacturing industry, which is highly power and capital intensive, is broadly divided into paper, paperboards, and newsprint. Increased consumer spending and improvement in conversion technology is expected to be the growth drivers for this industry. The literacy level in India which is on the increase is further set to improve the demand for paper. The Indian Government’s has reduced import tariffs for paper, and is pursuing the policy of actively entering into Regional Trade Agreements (RTA) with ASEAN countries to further set up momentum for growth in this industry. These agreements along with further reduction in import duties are expected to boost the demand for paper in the coming years.

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