Bengaluru, Aug. 25 -- The shares of multiple paper manufacturers jumped sharply on Monday as major news came in on the defence of these manufacturers by protecting them from cheaper imports. In this article, we will dive more into the details.

Reason behind this rally On August 22, 2025, the Directorate General of Foreign Trade (DGFT) made a significant announcement that the government has established a Minimum Import Price (MIP) of Rs 67,220 per metric tonne (on a CIF basis) for Virgin Multi-layer Paper Board (VPB).

This measure will be in effect until March 31, 2026, and it applies to imports categorized under ITC (HS) codes 48059100, 48059200, 48059300, 48109200, and 48109900. By setting an MIP of Rs 67,220 per MT, imports priced be...