India, Oct. 22 -- Indian paper industry has raised concern over the potential surge in paper imports following the recent GST reforms, warning that the move could erode domestic competitiveness and undermine the Government's flagship 'Make in India' initiative. Indian Paper Manufacturers Association (IPMA) President Pawan Agarwal, in a statement, said that with the recent GST changes, India risks becoming a further dumping ground for cheaper paper from abroad.
"While domestic manufacturers are being burdened with higher input costs, imported paper used for exercise books and notebooks will now enter the country completely tax-free. This will distort market dynamics and deal a blow to Indian producers," Agarwal said. Paper imports into In...
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