PaperTech reiterates the call for a world class Paper Sector

The 12th edition of PaperTech, Paper industry’s flahgship event to showcase its technological prowess, celebrated the resurgence in Indian paper sector which is accompanied by a  significant movement towards energy and water conservation through investments in technology.

Mr KS Kasi Viswanathan, Chairman Papertech 2018 and MD Seshasayee Paper and Boards stated  “Some of the paper companies, including Seshasyee, Emami, Century, Orient Paper are all in the process of either adding or have added fresh capacities. This augurs well for industry which is growing at 7-8 per cent or at the pace of the country’s GDP”

Speaking on the occasion, Mr Sanjay Singh, Immediate Past President IPMA & Divisional Chief Executive ITC-PSPD said, “The performance of the paper industry lately has brought the smile back on various stakeholders, including owners due to demand growth.”

“The country’s demand for newsprint is estimated to be about 2.8 million tonnes but production is about 1.2 mt, and the balance is imported. If we produce all that we consume domestically, we would be able to save about ₹10,000 crore every year” said Mr PS Patwari, IPMA Committee member & Executive Director Emami Paper Mills