School, packaging demand to boost paper companies

Business


With nearly one-third of its total capacity making board paper, this is the second-largest packaging paper producer after ITC.

Synopsis

According to industry experts, there is strong demand globally as an aftereffect of Covid-19 driven by hygiene concerns, growth in pharma, food and FMCG and online shopping.

ET Intelligence Group: After a weak 2020, paper companies could witness strong earnings growth in the coming quarters with paper prices rising up to 60 per cent in three months.According to industry experts, there is strong demand globally as an aftereffect of Covid-19 driven by hygiene concerns, growth in pharma, food and FMCG and online shopping. With the Centre and several states banning the use of plastic packaging and FMCG companies facing

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