New Delhi, May 8 -- Indias corrugated box industry is facing mounting financial pressure due to rising input costs, fuel price hikes, labour shortages and GST-related challenges, industry bodies have said.
It is a key support segment for the e-commerce, fast moving consumer goods (FMCG) and manufacturing sectors.
The Federation of Corrugated Box Manufacturers of India (FCBM) and Uttar Pradesh Corrugated Box Manufacturers Association (UPCBMA) have warned that without immediate government intervention, the sector could face disruptions in production, employment and broader supply chains.
According to UPCBMA President S K Chauhan, the industry is currently facing a shortage of nearly 70 percent of its workforce, significantly affecting p...