According to Press Information Bureau (PIB), India's Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the 62nd Annual General Meeting of the Federation of Paper Traders Associations in India (FPTA) in New Delhi last week, Goyal said that the recyclable and sustainable nature of paper makes it a vital component of the circular economy.

Recognising the significance of the paper industry, he noted that in the digital era, paper continues to hold a prominent position, offering accessibility and serving multifaceted purposes including communication, branding, packaging, and much more.

Underlining the need for competitive quality and service, the Minister outlined a strategic pathway for the industry, emphasising the importance of integrated mills, economies of scale, and fostering innovation. He stressed sustainability as a crucial factor, encouraging the industry to focus on paper manufacturing from recycled materials and ensuring the ecological balance through responsible practices. 

Develop new grades to replace single-use plastic

Goyal underscored the significance of 'Atmanirbharta' (self-reliance) in expanding domestic production capacity and urged for the development of new grades of paper to replace single-use plastics. He further highlighted the enormous potential for exports, particularly through innovative packaging solutions, urging collaboration with institutions like the Indian Institute of Packaging to produce sustainable and high-quality paper products.