business

Strategic projects to boost paper and pulp capacity and improve operating costs

Seshasayee Paper is one of the leading producer of branded writing and printing paper in southern India. The company is currently mulling investing in a new project to enhance paper and pulp capacity. This will improve scale and lower its overall operating cost, which will likely support margins. Key long-term growth drivers include phased NEP implementation and rising e-commerce, coupled with plastics substitution. The company is well positioned to benefit from the long-term sector tailwinds on account of its well-diversified product mix, backward integration, and the improved financial risk profile.

first published: Sep 13, 2023 12:18 pm