Analysis of Development Phases and Growth of Paper Industry

Paper industry posses an important position in the Indian Economy for its vital role of early industrialization and social sector development. Paper products are used in education, healthcare, food, trade, communication and packaging. The population of India has been growing at a significant rate which has led to the increase in the demand of paper as each individual utilizes paper and other related products. Increasing population and literacy rate, improvement in manufacturing sector and lifestyle of individuals are expected to account for the growth in the paper industry of India. The focus of paper industry is now shifting towards more eco-friendly products and technology. The present paper has an overlook of paper industry in India.