With only 5 percent of the world’s production share and a massive gap in per capita paper consumption, the long-term growth looks promising. Economic reforms, rising literacy rates, and an exponential e-commerce demand for packaging will only spur growth
The paper company that can quickly expand capacity and is backward integrated with sufficiency in major inputs will be better placed to take advantage of rise in product prices
Ajay Goenka, the chairman and managing director of Rainbow Papers in an interview on CNBC-TV18 spoke about the latest developments in his company and sector.