Indian paper industry fastest growing in the world

Atleast paper growth is unaffected by 'RECESSION'.......

India has emerged as the fastest growing paper market in the world, registering a growth of 10% in per capita consumption of paper over the last one year. Per capita paper consumption increased to 8.3 kg as of December 2008 as compared to 7.5 kg during 2007-08, as per estimates of Indian Paper Manufacturers Association(IPMA).
The estimated turnover of the industry is Rs 25,000 crore. "The pulp and paper industry will grow at an estimated CAGR of 7-8% over the next decade. The installed capacity in the country is also slated to grow to 11.2 million tonne per annum by 2010 from the current level of 9 million tonne," said outgoing IPMA president Pradeep Dhobale.