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Demand Recovery is a Key to Reviving Growth: Mr. Harsh Pati Singhania

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“Government measures for supporting consumers have remained few. According to ILO estimates, the gap between the working hours lost and the equivalent fiscal stimulus required to compensate that in India is about 10% of GDP” – Mr. Harsh Pati Singhania January 14, 2021 According to an article published in Financial......
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Pudumjee Paper Resumes Production at Pune Plant

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Pudumjee Paper has resumed manufacturing of specialty paper products as input for packaging material in the manufacture of pharmaceutical products, hospital supplies, hygiene sectors, food, confectionery, etc. May 18, 2020 Pudumjee Paper Products Limited (Company) had earlier suspended its plant operations at Pune to ensure the safety of employees/workers of......
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Domestic Paper Makers Seek Protection From Cheap Chinese and Korean Imports

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Paper manufacturers fear that with factories remaining shut during peak season, China may resort to dumping; Indian manufacturers want government to levy customs duty on imports. May 12, 2020 Indian paper manufacturers have urged the government to levy customs duty on various paper products to prevent their dumping from China,......
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Paper Industry Expects 6 Percent Growth in the Next Three Quarters

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Excluding first quarter, the Indian paper sector is expecting a growth at 6 percent in the subsequent nine months. May 7, 2020 The Rs 75,000-crore paper industry, which has resumed production after relaxations were issued effective from April 15, may have a negative growth in the first quarter of this......
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Paswara Papers Limited Resumes Operations in its Unit

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The current operations still face a challenge due to non-availability of transportation network . April 24, 2020 Paswara Papers Limited, a leading manufacturer and exporter of multi-layer kraft paper, has resumed its operations from 14th April 2020, producing 400 tonnes of packaging paper daily.  “After having obtained necessary permissions from......
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Uncertainty Surrounds Business Normalcy by Q2 of This Fiscal

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India is currently going through an extended lockdown till May 3 after Prime Minister Narendra Modi announced its imposition on March 25 to prevent the spread of coronavirus. April 21, 2020 In his statement to the media, Mr. Harsh Pati Singhania, Director, J.K. Organisation and Vice Chairman & Managing Director,......
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Astron Paper & Board Mill Resumes Operations at Bhuj Unit

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Astron’s product kraft paper is used in manufacturing of corrugated boxes for industries like FMCG, Pharma, Food oil, etc as means of packaging solution. April 15, 2020 Astron Paper & Board Mill Ltd. has the received permission from Government of Gujarat (vide Collector of Bhuj, Gujarat) regarding commencement of Unit-2......
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Japan’s Narita Airport Sets up Cardboard Beds for Travelers Awaiting Coronavirus Results

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The airport has prepared an impromptu hotel of cardboard beds and quilts in its baggage-claim area for passengers awaiting results of tests for the novel coronavirus. April 14, 2020 Japan’s Narita Airport has turned its baggage-claim area into an impromptu hotel of cardboard beds for passengers coming from overseas who......