The paper industry’s fortune is linked to a number of economic indicators. According to the International Project Management Association (IPMA), paper consumption in India will likely reach 30 million tons by 2027. There is growing demand for a variety of papers from sectors such as FMCG and retail for innovative packaging solutions as they reduce dependency on plastics. Paper stocks can also benefit from rising e-commerce shopping as well as ready-to-eat and packaged foods.
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