Top Paper Companies 2023

A Deeper Look into Overall Performance of Leading Paper Mills

Paper industry is taking new strides in India and paper mills are at the cutting edge of new technology, sustainability, manufacturing excellence and poised to take the Make in India programme many notches forward.

The Indian Paper Industry is the fastest growing when compared to any other country across the world and is most likely to continue this growth trajectory in the years to come. In the post pandemic period the growth is very much visible in the turnover growth of the paper mills, which is not only driven by higher input costs, but relates to enhanced capacity utilization and better operating margins.

After the disruption caused by the Covid pandemic, when paper consumption nosedived, the demand has made a robust recovery in the ongoing financial years and has overtaken pre-pandemic levels. In view of the large potential for growth aided by a growing economy, Paper Industry is expected to continue to grow in sync with the economic growth recording 6-8% growth per annum.

Indian Paper Mills have been working towards continuous improvement in energy and environment performance of the industry through sharing of best practices / technologies amongst industries.

Industry driven agroforestry is being undertaken by the paper mills to a large extent to meet the current and future needs of the industry for pulpwood. Substantial amounts are being spent by the paper industry on plantation R&D leading to development of high-quality tree clonal saplings which are disease and drought resistant and can be grown in a variety of agro climatic conditions. Technical extension services are being imparted to the farmers over a gestation period of 4-5 years to improve agro / farm forestry output.

This has generated significant employment opportunities for the local community, especially in the rural areas, apart from enhancing their incomes. India’s Paper Industry is wood-positive as paper mills plant more trees than they harvest.

We need to alter perceptions about the industry and thus attract better talent as a responsible manufacturing industry that actively works towards conserving the environment. Misplaced perceptions about paper need to be changed in a mission mode as paper is an environment friendly product as it is fully biodegradable, recyclable and made from sustainable and renewable resources.

The Indian paper industry accounts for about 5% of the world’s production of paper. The estimated turnover of the industry is over INR 80,000 crore and its contribution to the exchequer is around INR 5,000 crore. The industry provides direct employment to 500,000 persons, and indirectly to around 1.5 million.

Most of the paper mills are in existence for a long time and hence present technologies fall in a wide spectrum ranging from oldest to the most modern. The mills use a variety of raw material viz. wood, bamboo, recycled fibre, bagasse, wheat straw, rice husk, etc. In terms of share in total production, approximately 21% are based on wood, 71% on recycled fibre and 8% on agro-residues. The geographical spread of the industry, as well as market, is mainly responsible for the regional balance of production and consumption. The per capita paper consumption in India at around 15 kg, is way behind the global average of 57 kg.

India is the fastest-growing market for paper globally and it presents an exciting scenario; paper consumption is poised for a big leap forward in sync with economic growth. The futuristic view is that growth in paper consumption would be in multiples of GDP and hence an increase in consumption by one kg per capita would lead to an increase in demand of 1 million tonnes.

Watch: JMC Paper Tech Launches New Subsidiary JMC Papers

Presenting the Competitive Environment of the Pulp & Paper Industry

Paper Mart’s Top Paper Companies in India is a biennial report featuring the key pulp & paper manufacturing companies of India. This is the eighth in the series of Top Paper Companies – a comprehensive and detailed report based on various key parameters including – production, turnover, net profit, growth rate (in both turnover and net profit), and net worth. In order to incorporate nearly all facets of the companies, features like CSR efforts, water and energy consumption, exports, etc., are included to present all-round and qualitative development of the featured companies. A combined score has been used keeping into account the said metrics equally, presenting a valid and well-grounded assessment. Every two years, Paper Mart presents a list of leading companies — and not just for their financial performance, but also on how these companies score on key activities – their responsibility towards the environment, and society (ESG), and brings out new innovations.

This year’s report by Paper Mart magazine is an in-depth analysis of the country’s most prominent paper companies – known for their relentless pursuit towards maintaining top-grade quality, innovation, and are expanding their reach globally. These are the most eminent industry names who, by their ideas and innovative thinking, are at the forefront of the new story of the Indian paper industry, which is gradually evolving.

The report has been compiled based on the data directly sent to us by the companies and the data we have acquired from the annual reports released by the companies.

FY 2022-23 PERFORMANCE SUMMARY

Mill Name	Production Capacity (MTPA)	Actual Production (MT)	Turnover (INR Crores)	EBITDA (INR Crores)	Growth Turnover (Percentage)
ITC Limited – PSPD*	9,80,000		9,081.35	2,293.99	18.85%
JK Paper Limited	7,61,000	8,72,226	6,208.32	1,759.38	60%
Tamil Nadu Newsprint & Paper Limited	6,00,000	5,88,828	5,179.89	1,048.02	28.80%
Century Pulp & Paper	4,81,130	4,55,225	3,571.00		27%
West Coast Paper Mills Limited**	3,20,000	3,14,919	2,605.00	948.06	40%
Andhra Paper Limited	2,41,000	2,50,292	2,097.66	786.74	52.50%
Seshasayee Paper & Boards Limited	2,55,000	2,41,145	2,082.53	564.58	54%
Emami Paper Mills Limited	3,40,000	2,96,594	2,308.11	237.29	18%
Satia Industries Limted	2,19,000	2,09,910	1,883.70	425.82	111%
Kuantum Papers Limited	1,64,250	1,52,304	1,313.00	383.00	57%
Bindals Paper Mills Limited & Bindals Group***	4,70,600	3,97,459	2,214.70	178.92	20.46%
Trident Limited (Paper & Chemicals Division)		1,48,145	1,343.00	368.45	37%
N R Agarwal Industries Limited	2,88,000	2,70,941	1,766.06	197.34	9.25%
Naini Papers Limited	1,25,000	1,26,415	1,114.00	376.00	71%
Orient Paper & Industries Limited	1,00,000	79,933	942.95	191.10	61%
Silverton Pulp & Papers Private Limited	1,80,000	1,39,858	866.00	127.79	40%
Shreyans Industries Limited	94,000	92,996	865.53	112.26	48%
Ruchira Papers Limited		1,46,758	802.70	109.19	31%
Pudumjee Paper Products Limited	72,000	57,600	758.68	94.80	36.63%
Star Paper Mills Limited	75,000	67,000	514.40	101.43	47.70%
Dev Priya Products Private Limited	1,66,000	1,46,303	736.50	43.38	7.40%
Genus Paper & Boards Limited	4,50,000		655.12	24.26	49%
Pakka Limited	39,100	39,768	408.31	93.89	40.30%
Dev Priya Industries Limited	2,00,000	1,46,030	516.03	5.46	9.38%

Paper Mills performance is ranked based on their Turnover & EBITDA score
*The financial numbers are for Paper, Paperboard and Packaging Segment
** Paper & Paperboard Division Turnover
*** Bindals Group has given the data of the group companies (Bindals Papers Mills Limited, Tehri Pulp And Paper Limited, Agarwal Duplex Board Mills Limited, Bindlas Duplex) as a whole and not of an individual company.

HIGHLIGHTS

ITC Limited – Paperboards and Specialty Papers Division
Enduring Value

Year of establishment:	1979
Headquarter Divisional HQ:	Secunderabad, Telangana
Mill location:	Unit Bollaram, Telangana Unit Bhadrachalam, Telangana Unit Kovai, Tamil Nadu Unit Tribeni, West Bengal
Branch location Regional Sales Offices: Sales Branches:	Bangalore, Mumbai, Delhi, Kolkata Ahmedabad, Chennai, Chandigarh
Number of employees:	2,908 (as on 31st March, 2023)
Paper & Paper Board Manufacturing Data
Production Capacity: FY 2022-23	Bhadrachalam: 8,00,000 TPA Kovai: 1,20,000 TPA Tribeni: 60,000 TPA
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 7,641.62 2022-23: INR 9,081.35
b) EBITDA	2021-22: INR 1,700.00 2022-23: INR 2,293.99
c) Net Worth	2021-22: INR 6,379.00 2022-23: INR 7,000.00
d) Growth Rate (Turnover)	18.85%

CSR activities with regards to environment, society & employee welfare
ITC’s CSR footprint is spread across 27 States / Union Territories (UT) covering more than 300 districts predominantly focussing on the above-mentioned key stakeholders.

To contribute towards the government’s efforts and help achieve the goals of UN SDG 2030 Goal 2 – Zero Hunger, ITC has initiated ‘Project Samposhan’ under its CSR Initiatives. The project was initiated in collaboration with MAMTA Health institute and partner agency CII, with extended support from the Bahraich medical college, BHU ethical Committee, village leaders and anganwaadi workers and was supported by a scientific advisory committee

ITC’s LSTC team also works with the Foods Division on some critical public-health impacting CSR initiatives like Project SAMPOSHAN.

Project Swasthya Bengal: The initiative is aimed at strengthening awareness and educating homemakers / decision makers of households, Retailers, Whole sellers, Consumers, Students about adulteration in spices and its ill effects in the districts of Bardhaman, Howrah and North 24 Parganas. This project is being done in partnership with Food Industry Capacity & Skill Initiative (FICSI) & Rajabazar Education & Awareness Development Society (READS).

Project Balposhan: The objective of the initiative was to create awareness on malnutrition (wasting, stunting & undernutrition) in children below 5 years, very crucial within the 1st 1,000 days of life (800 U-5 children and their mothers, including Pregnant & lactating women), through behaviour change communication and development of relevant IEC materials, currently under-going in Valsad district of Gujarat.

Project Samarthya: This initiative is aimed at creating sustainable livelihood opportunities for women in Bikaner (who roll papad) by developing an institution through local leaders who volunteer to mobilize communities, have a deep understanding of local culture and values help them identify gaps, and facilitate the development of locally contextual solutions.

Area covered under plantations
ITC’s Social & Farm Forestry Programme has greened over 10.4 lakh acres till date, and generated about 190 million-person days of employment for rural households, including poor tribal and marginal farmers. More than 90,000 acres of plantation were added during FY23.

Water & energy consumption per tonne of paper produced
Specific Water consumption 9% reduction over Fy19
Specific Energy consumption 9% reduction over Fy19

New developments since 2022-23

• New Décor Papers machine installed at Unit Tribeni with annual production capacity of 20,000 MT
• State-of-the-art Laminator and Coater installed at Unit Bollaram to fortify the Company’s focus on Plastic Substitution products.
• High Efficiency Recovery Boiler (the largest in the country in the Pulp & Paper industry), installed at Unit Bhadrachalam, setting a global benchmark in emission standards.

Product launches since 2022-23

• Sign-Up Green: replacement to rigid plastics in Indoor Branding.
• Paper replacing plastic sticks in Earbuds/ Lollipop
• FiloTub: replacement to single-use plastic tubs & buckets used in the food industry

Exports markets
Exports to more than 50 countries

Raw material base
Wood and waste paper

JK Paper Limited
Creating Lasting Impressions

Year of establishment:	1938
Headquarter:	New Delhi
Mill location:	Mill 1: Unit JKPM – Rayagada, Odisha Mill 2: Unit CPM – Fort Songadh, Gujarat Mill 3: Unit SPM – Sirpur Kaghaznagar, Telangana
Branch location:	New Delhi (North), Kolkata (East), Mumbai (West), Chennai (South)
Number of employees:	2,655
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 7,61,000 TPA 2022-23: 7,61,000 TPA
b) Actual Production:	2021-22: 5,88,612 MT 2022-23: 8,72,226 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 3,889.99 2022-23: INR 6,208.32
b) EBITDA	2021-22: INR 1,023.09 2022-23: INR 1,759.38
c) Net Worth	2021-22: INR 3,045 2022-23: INR 3,774
d) Growth Rate (Turnover)	60%

CSR activities with regards to environment, society & employee welfare

• Women Empowerment: JK Paper demonstrated its unwavering commitment to women’s empowerment through a multifaceted approach encompassing training, capacity building, financial linkages, and infrastructure support. Their extensive efforts resulted in the formation of 539 self-help groups (SHGs), comprising 5,612 tribal women across 180 villages, 22 Gram Panchayats, and 3 blocks in Rayagada district. These SHGs not only fostered financial independence but also facilitated substantial collective savings of Rs. 2.83 crore and bank loans amounting to Rs. 8.45 crore for livelihood promotion activities. In addition to economic empowerment, JK Paper ensured social security for SHG members through schemes like PMJJY and PMJBY, providing coverage worth Rs. 173.88 crore in case of natural or accidental death. Expanding their reach, the company also formed 53 Producer Groups in Odisha and Gujarat, with the Rural Mart in Odisha registering an impressive business turnover of Rs. 49.28 lakh. urthermore, JK Paper extended its outreach to Amroha district in Uttar Pradesh, where they established 770 active SHGs, thereby creating a holistic ecosystem that empowers and uplifts women in various regions.
• Sustainable Agriculture: To enhance agricultural practices and augment farmers’ income, JK Paper joined forces with government agencies, research institutions, and agricultural experts to promote scientifically advanced farming techniques and raise awareness among farmers. Through their farm-based livelihood initiatives, JK Paper facilitated the formation of 10 farmer producer organizations (FPOs), 98 farmer clubs, and 186 farmer interest groups, positively impacting over 12,845 farmers in Odisha, Gujarat, and Uttar Pradesh. They further contributed to agricultural development by distributing turmeric and mushroom seeds among farmers in multiple villages, initiating mushroom farming with 148 farmers, and introducing 783 small and marginal farmers to sustainable dairy practices through collaboration with Navsari Agriculture University, RSETI, and KVK, Vyara. Moreover, JK Paper expanded their outreach by establishing four farmer producer organizations in Moradabad and Amroha districts, benefitting 1470 shareholders, and introduced solar pumping integrated with drip irrigation across 53.50 acres in Rayagada, benefiting 89 farmers and facilitating the cultivation of high-yielding vegetables, pointed gourd, and bananas. These initiatives collectively showcase JK Paper’s commitment to advancing agricultural sustainability and improving the livelihoods of countless farming communities.
• Youth Engagement: JKPL empowers the youth in Odisha and Gujarat through skill development programs and entrepreneurship initiatives. The Company is engaged in youth development projects with organizations like Bharatiya Yuva Shakti Trust, youth for SDGs with youth clubs and balika mandals, youth volunteerism with Nehru Yuva Kendra Sangathan, digital education through digital centres, career counselling and youth producer groups.
• Holistic Education: JK Paper is commitment to youth empowerment and skill development, it has achieved remarkable milestones, having counseled and guided 11,541 young individuals through awareness programs, while providing intensive training to 2,847 youth through various specialized training programs. Their impactful interventions have led to the creation of 514 successful entrepreneurs, who, in turn, have contributed to the generation of livelihoods for many others, with a substantial Rs. 11.93 Crore facilitated in loans to support youth-led initiatives. These initiatives have not only boosted economic prospects but also led to the creation of 1,799 direct jobs and a significant 7,196 indirect job opportunities. Furthermore, JK Paper has been instrumental in offering career guidance and placement-linked skill training to 2,063 young individuals, with 257 youth tagged for skill training and placement opportunities. Demonstrating their commitment to education, they’ve identified five engineering colleges and one pharmacy college, awarding 12 deserving students with one-time scholarships of Rs. 8,000. Additionally, the establishment of 10 solar-powered digital literacy centers has enriched the lives of 785 students, underscoring JK Paper’s holistic approach to nurturing and empowering the youth.
• Environment Conservation: JK Paper is committed to responsible citizenship, ensuring that products and practices do not pose environment harm. JK Paper has installed dustbins in ten villages and facilitated the daily cleaning and solid waste collection in Sana Chandili panchayat, spanning 10 to 12 kilometers daily and benefiting over 8000 households. To instill environmental consciousness in the younger generation, they organized a drawing competition engaging 87 school students, centering on themes of environmental conservation and plastic pollution. Furthermore, JK Paper hosted an orientation meeting, empowering more than 100 women with knowledge in solid and plastic waste management, in collaboration with Town Level Federation, National Urban Livelihoods Mission, Mandal Mahila Samkhya, National Rural Livelihoods Mission, and self-help groups. They also conducted a capacity-building training session for 15 sanitary staff members of the municipal council. Additionally, the company actively contributed to reforestation efforts by conducting plantation drives in 11 Gujarat villages, planting a commendable 12,219 saplings across 12.30 acres, thereby exemplifying their unwavering commitment to sustainable practices and environmental well-being.
• Water Conservation: JK Paper took proactive measures to focus on water resource development in irrigated areas. JK Paper aims to help increase farmer productivity, income, and resilience. Multiple interventions (well renovation, installation of solar-based mini-lift irrigation, boribands) were initiated. Farmers had irrigated 550 acres of land through water resource development projects. Under the Soil and Water Conservation Program, land improvement and other activities were implemented in five villages of Gujarat.
• Community Healthcare: JK Paper undertook initiatives to provide free medical checks, treatment, and medicines. The Company improved healthcare access through dedicated platforms (Balika Mandals) to handhold adolescent girls in the subjects of personal hygiene, reproductive and sexual health. The healthcare initiatives included access to quality primary care services to underprivileged communities, conducting need-based health camps and providing consultation and medicines, among others. The Company ensured better maternal and child healthcare services; and provided mobile health care services for patients finding it difficult to travel.
• Rural Infrastructure: The unwavering commitment to fostering inclusive and innovative development, JK Paper has made significant strides in enhancing the well-being of communities. They have extended support to four villages in Tapi by ensuring access to clean drinking water, thereby benefiting 2,666 households and a population of 10,357. This initiative also included the extension of a pipeline to a previously underserved village, furthering their dedication to community welfare. Additionally, the company has constructed a much-needed community toilet facility, addressing essential sanitation needs and contributing to the overall betterment of the communities they serve. These endeavors underscore their dedication to catalyzing employment opportunities and promoting holistic development.
• Artisan resource centre: JK Paper supports the Artisan Centre in introducing and training tribal women in livelihood supporting crafts. Through this initiative, the company imparts marketable skills, enabling women to create a line of products. The company established Artisan Resource Centre and raw material bank, followed by product development and market exploration in Gujarat. The company collaborated with Gujarat Rural Self Employment Training Institutes to train tribal artisans. ARC’s training programs on block printing improved the livelihood of women. At JK Paper’s Artisan Centre, 34 tribal women from Songadh block underwent advanced block printing training where they prepared quality products like block printed dupattas and bed covers. Several workshops were conducted on handmade paper and embroidery embellishments on block printed products.
• Sports development: JK Paper supported over 200 athletes, out of which 64 represented India in international competitions and won medals (25 international medals and 26 national medals). The company supported seven para-athletes who collectively won 25 international medals and 2 national medals. The company supported a range of disciplines (shooting, archery, badminton, boxing, wrestling, athletics and weightlifting).

Future plans
The Company intends to widen its product mix following the introduction of products like liquid packaging, cigarette board, anti-fungal board and aqueous boards. In addition, JK Paper’s new packaging board capacity has started production from the second half of the FY 2021-22 and is in ramp up mode. The new pulp mill will operate around chlorine-free technology, generate superior pulp, deliver a better board quality and report a lower cost of production, strengthening competitiveness. The increase in capacity will broaden the Company’s market risk and portfolio, strengthening its competitiveness across market cycles.

The company has also forayed into Corrugation business with the acquisition of Horizon Packs Pvt. Ltd. and Securipax Packaging private limited. Going forward the company will improve the efficiency of these plants for better cost advantage.

The Company plans to install new automated refiners and centri-cleaners in Paper Machine 1 in Unit JKPM. The Company has undertaken a digital transformation journey in key manufacturing processes to reduce process variations, improving quality, cost economy, deliver better, faster service & create direct connect with the end customers.

Tamil Nadu Newsprint & Paper Limited
Where Technology goes hand-in-hand with Nature

Year of establishment:	1979
Headquarter:	Guindy, Chennai, Tamil Nadu
Mill location:	Unit 1 – Kagithapuram, Karur District, Tamil Nadu Unit 2 – Mondipatti Village, Thiruchirapalli District, Tamil Nadu
Branch location:	Ernakulam, Hyderabad, Bengaluru, Mumbai, Delhi, Kolkata and Ahmedabad
Number of employees:	Employees: 873 Workers: 1539
Paper & Paper Board Manufacturing Data	
a) Production Capacity	FY 2021-22 FY 2022-23
Paper:	2021-22: 4,00,000 TPA 2022-23: 4,00,000 TPA
Packaging Board:	2021-22: 2,00,000 TPA 2022-23: 2,00,000 TPA
Pulp:	2021-22: 1,180 TPD 2022-23: 1,580 TPD
b) Actual Production:	FY 2021-22 FY 2022-23
Paper:	2021-22: 3,88,881 MT 2022-23: 4,20,793 MT
Packaging Board:	2021-22: 1,83,770 MT 2022-23: 1,68,035 MT
Pulp:	2021-22: 3,06,591 Tons 2022-23: 4,20,990 Tons
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 4,020.29 2022-23: INR 5,179.89
b) EBITDA	2021-22: INR 407.13 2022-23: INR 1,048.02
c) Net Worth	2021-22: INR 1,589 2022-23: INR 1,944
d) Growth Rate (Turnover)	28.8%

CSR activities with regards to environment, society & employee welfare

During the financial year 2022-2023, TNPL has spent INR 204.70 lakhs on various programmes under CSR.
Healthcare: TNPL spent INR 0.08 crores and provided medical equipment viz. Oxygen Cylinder B type, Crash Cart Trolley, Laboratory Centrifuge, Water Purifier, Water Heater, Weighing machine, NASG Cloth, Face Masks, N-95 Masks, Hang gloves, Satizer and Thermometer etc., to the surrounding Government Hospitals and Primary Health Centres, besides Medical assistance to the needy people by conducting rural medical camps.

• Education: TNPL sponsored meritorious students hailing from the local surroundings to study Diploma in Paper Technology and provided free school education to the children of downtrodden people from nearby villages. An amount of INR 0.80 crores was spent for this purpose.
• Community Development & Infrastructure Development: TNPL conducted Skill Development Programmes by spending INR 1.09 crores for increasing the income level and creating self employment viz. Tailoring, Typewriting and Computer classes to the general public and Physical training with expert coaching classes to the surrounding youths for attending Police Constables / Sub Inspector selection in the Police Department. Apart from distributing drinking water to the nearby hamlets through pipeline, TNPL has undertaken various infrastructure development activities like laying paver block, renovation of Govt. buildings and providing LED street lights in various places surrounding TNPL mill.
• Environment Development: TNPL distributed saplings and planted trees in the Government land, developed gardens in Government office premises such as Railway Station, District Court and Panchayat areas, creating Miyawaki forest, clearing of bushes and debris in the canal, clearing Karuvelam trees along the Village roads.
• Culture & Heritage: TNPL provided furniture, amenities and financial assistance to renovate and construct Temple, Church and Mosque and to conduct Cultural development programmes, etc.

Area covered under plantations
Launched in 2004, TNPL’s Plantation initiative is grounded in the pursuit of self-sufficiency in pulpwood. Over 18 years, this endeavor has spread across an extensive 2,11,280-acre area, aiming to source economically viable, socially acceptable, and environmentally compatible pulpwood.

As on 31st March 2023, standing crops comprises 2867 acres of plantations (31 March 2022:5332 acres).

Water & energy consumption per ton of paper produced
The implementation of various water conservation measures resulted in reduced overall water consumption to 30 KL/ton of paper which is one of the lowest in the paper industry.

7,454.03 lakh units (Unit I – 5,250.12 and Unit II – 2,203.91) of power was generated of which 7,432.21 lakh units (Unit I – 5,248.75 and Unit II – 2,183.46) of power was consumed and 21.82 lakh units (Unit I – 1.37 and Unit II – 20.45) exported.

New developments since 2022-23

• Mill Expansion Plan of TNPL Unit II – Phase One: In continuation to the trial production commenced at the modern Pulp mill along with Chemical Recovery Island at Unit-II, the pulp production was further optimized and the production was ramped up to the rated capacity. The balance of plants like Chips Processing system, Chemical preparation systems including Chlorine Di-Oxide plant, augmentation of existing Water treatment and Effluent treatment plants were also commissioned, optimized with the pulp mill production rate. The projects implemented under Mill Expansion Plan (MEP) of TNPL Unit II – Phase 1, features the latest technology in all the areas with emphasis on least environmental impact and high energy efficiency. A continuous digester is delivering consistent pulp quality with low specific consumption of water, steam and power.The Chemical Recovery Boiler is highly energy efficient and the Evaporator plant has high steam economy. The latest generation Integrated Chlorine dioxide plant with nil effluent is in operation. A system for collection and incineration of Non-condensable gases is in operation, to make the mill odour free. These new technologies will further strengthen the company’s ambition to maintain the leading position and will enable TNPL to implement second phase of the MEP, for capacity enhancement of Unit II.
• Revamp of Steam and Power system in Unit 1: As part of revamping, the existing steam and power system in Unit I, the old low pressure boilers installed since the mill inception in 1985, are to be retired and replaced. Hence, in order to have reliable supply of utilities like steam and power for the mill operations, this project envisages installation of two high pressure boilers with steam generation of 125 tph each, at 105 at, 515 °C, along with a TG of 40 MW. Though initiated in the year 2019, was kept in abeyance due to onset of the COVID pandemic. Considering the availability of environmental clearance by June 2023, the project can be taken up thereafter and completed by end June 2025.

Product launches since 2022-23

The company has spent Rs. 14.72 Crore on R&D activities during the year.

• OPAL and RNL: To cater the needs of the market, TNPL R&D team developed the “OPAL” a new product with custom shade towards neutral blue which given good visual appeal and print appeal from the existing grades and Radiant Natural Lottery printing (RNL)” with reduced pollution footprint by avoiding coloring agent and optical brightener.
• Paper Straw And Cutleries: After Government notification on the ban on use of one time use plastics, TNPL has taken preliminary feasibility studies to explore the alternate product in place of one time use plastics. TNPL R&D has completed the studies to develop base paper & paper boards to produce the environmentally benign products such as paper straw, cup stock and cutleries etc.
• Conversion of Sizing from Alkyl Ketene Dimer (AKD) to Alkenyl Succinic Anhydride (ASA) In PM # 1: Till date, TNPL is making excellent moves with AKD sizing programmes in an effective way in terms of productivity, cost and quality. However, adopting new technologies and innovations is always a bold decision of TNPL. To manage the practical constraints such as higher production, machine runnability at elevated ash levels, need of higher retention in wet end, system cleanliness and shortage of wax, TNPL has tried the Alkyl succinic anhydride sizing which is a challenging task for bagasse based paper manufacturing. By completion of this study, it is presumed that when AKD availability becomes an issue this can be replaced with ASA towards ensuring the sustainability of the paper machine production process.

Exports markets
During the year, the company exported a total of 78,201 MT of paper and paper board to 30 countries which is equivalent to 21% of total sales. Out of this, paper exports were 70,792 MT and paper board exports were 7,409 MT. 17% of paper was exported while 4% of paper boards were exported.

Raw material base
Major raw materials consumed by TNPL are – Wood, Bagasse, and Waste paper.The cornerstone of TNPL’s products is Bagasse, a by-product of the sugar cane industry. This resource, combined with sustainably sourced wood, serves as the primary raw material for paper and paper board production. Additionally, the company champions eco-friendliness by generating deinked pulp from waste paper collected from diverse sources. All raw materials used are procured from environmentally responsible sources.
Around 7000 MT of Senna spectabilis wood is consumed at TNPL Unit – I & II.
In addition, various new pulpwood clones have been evaluated to find the suitability for pulp yield and pulp strength properties. Total 25 clones were evaluated during the year 2022-23. Among 25 clones, 13 Eucalyptus Hybrid clones, 9 Casuarina Hybrid clones, 2 Acacia hybrid clone and 1 clone of Melia dubia. Based on the results, the clones are recommended for pulp production at both Unit – I & II to have better and improved quality.
TNPL has a plantation strategy incepted to achieve self-reliance in pulpwood. Acres of plantation which as a source to wood pulp is set in motion for socially acceptable and environmentally compatible raw material.

*Information compiled from Annual Report

Century Pulp & Paper
Leading with Purpose, Growing with Responsibility

Year of establishment:	1984
Headquarter Registered Office:	Mumbai, Maharashtra
Mill location:	Lalkuan, Uttarakhand
Branch location:	New Delhi, Mumbai, Kolkata
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 4,81,130 TPA 2022-23: 4,81,130 TPA
b) Actual Production:	2021-22: 4,75,884 MT 2022-23: 4,55,225 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 2,818 2022-23: INR 3,571
b) EBITDA	2021-22: INR 424
c) Net Worth	2021-22: INR 2,439 2022-23: INR 2,515
d) Growth Rate (Turnover)	27%

CSR activities with regards to environment, society & employee welfare

At Century, a total amount of INR 5.18 crores was spent on CSR activities during FY 22-23.

• Promoting Socio-Economic Upliftment in Nainital’s Rural Areas through Perul Collection for Boiler Fuel: In the steep regions of Uttarakhand, fallen pine tree leaves pose a wildfire risk that can be detrimental to the community and the ecosystem. To address this challenge, we have taken proactive measures by implementing the Perul collection initiative, which not only mitigates the risk of wildfires but also provides valuable employment opportunities to the local communities. By collecting and utilizing Perul as fuel in our boilers at the Lalkuan facility, we are not only ensuring the safety of the environment but also contributing to the economic well-being of the involved communities. During FY 2022-23, we successfully received and processed 174 metric tonnes of Perul, underscoring the effectiveness and scale of this initiative. By incentivising local residents to participate, we create employment opportunities and support the development of rural and hilly areas in Nainital.
• Constructing Amrit Sarovars (small ponds) at Haldwani: In collaboration with the forest department, our Pulp and Paper business has undertaken the construction of 12 Amrut Sarovars in the Dauli and Kishanpur range at Tarai East Forest Division, Haldwani. These ponds have a combined capacity of 2.3 Crores litres of fresh water, showcasing our dedication to environmental conservation and the well-being of wildlife in the region.
• Community Medical camps: We have organized 2 medical camps this year at Janta Inter College Bindukhatta and Lalkuan, providing free medical services and support to the local community catering to more than 5,000 people. These medical camps are particularly helpful to individuals who may not have regular access to healthcare facilities or face financial constraints in seeking medical treatment.

Area covered under plantations
Planted 27.42 lakhs of trees in current reporting year

New developments since 2022-23

• Within pulp and paper, we have embarked on a comprehensive energy management to identify areas of high consumption and implement effective energy management strategies. Through these efforts, we have successfully reduced our carbon footprint and enhanced energy efficiency.
• Water conservation initiatives, such as water-efficient fixtures and wastewater recycling, have also been key priorities, ensuring responsible water usage throughout our operations.
• Our commitment to sustainable forestry practices has led to extensive tree plantation initiatives, effectively offsetting Co2 emissions and contributing to a greener future.
• We are continuously focusing on increasing the use of bagasse and de-inked pulp to reduce raw material consumption. Furthermore, the entity is innovating and developing ways to reduce the quantity of packaging material.
• In December 2022, we installed ‘Shoe Press’ in the printing paper unit which has proven to be a significant energy saving initiative, resulting in both enhanced production and reduced specific power consumption. The shoe press technology optimizes the dewatering process during paper manufacturing, enabling higher water removal and improved sheet formation. This enhanced efficiency translates into increased production capacity without compromising product quality. Moreover, the reduced specific power consumption achieved through the shoe press not only contributes to cost savings but also demonstrates a commitment to sustainability by lowering energy usage and minimizing the environmental impact of the manufacturing process.

Product launches since 2022-23

• American A4 Copier: It is high bright and smooth copier paper under US Copier size, 216×279 mm, against normal A4 size 210×297 mm.
• Ultrasoft Tissue Development: Our Pulp and Paper business already had a domestic leadership in the development of facial tissue. However, there was a need to improve the softness of the tissue. Importing softening agent was an option, but that would lead to increased supply times since material would come from overseas. So, we innovated and created new ultrasoft tissue paper which was well received by customers.
• Century Ultra Soft Facial Tissue: It is more supple and serves as an alternate for imported facial tissue. It has a luxury soft feel and controlled absorbency pursuant to its ultra-softness level.
• Century Ultra Soft Toilet Tissue: It is having higher softness and premium quality for restrooms. It not only provides a soft feel but also it has superior absorbency.

Exports markets
Parts of Africa, Europe, CIS, the Middle East, North & South America, Australia, and Asia.

Future plans
For our pulp and paper business vertical, the current market trends present several opportunities that can be capitalized on to enhance our business and reputation. By emphasizing on sustainable forestry practices, such as responsible tree harvesting and reforestation efforts, we can ensure a steady supply of raw materials while preserving the environment. This commitment to sustainable sourcing not only meets our customer expectations but also enhances the company’s reputation as an environmentally responsible industry player. Additionally, reducing the amount of packaging material used in product packaging can lower production costs, optimize transportation efficiency, and align with the increasing consumer demand for sustainable packaging solutions.

Raw material base
A variety of raw materials and pulpable raw material species including eucalyptus and poplar, veneer scrap, bamboo, bagasse, and recycled waste paper.

*Information compiled from Annual Report

West Coast Paper Mills Limited
Wesco serving paper and yet preserving nature

Year of establishment:	1955
Headquarter:	Kolkata, West Bengal
Mill location:	Uttar Kannada, Karnataka
Branch location:	New Delhi, Mumbai, Chennai, Bangalore, Hyderabad
Number of employees:	2415
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 3,20,000 MT 2022-23: 3,20,000 MT
b) Actual Production:	2021-22: 2,96,785 MT 2022-23: 3,14,919 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 1,858 2022-23: INR 2,605
b) EBITDA	2021-22: INR 435.56 2022-23: INR 948.06
c) Net Worth	2021-22: INR 1,507.53 2022-23: INR 2,050.51
d) Growth Rate (Turnover Paper Division)*	40%

CSR activities with regards to environment, society & employee welfare

• Health Care Initiatives: Veterinary Health Camps, Medicines for Animal Health in Down Stream Villages, Medical Equipments to Govt. General Hospital, Child Health Checkup Camp at Hospital.
• Education Initiatives: Distribution of PC’s, Water Filters, Desk cum Benches, Umbrellas etc. in Schools. Vocational Training, Sewing Machine Distribution.
• Promotion of Social Activities and Creation of Infrastructure Initiatives: Oxygen Generating Plant at Govt. Hospital, Anganwadi Day Care Centres, Auto Stand & Bus Shelters, Building of Crematorium, Toilet Blocks at School & Colleges.
• Protection of Natural Resources, Environment Initiatives & Contribution to Rural Development: Maintenance of Gardens & Parks, Providing Drinking Water Tanks, Open Gym at Parks etc.

Area covered under plantations

Till date	71,965 Hectares
FY 23-24 (till Oct)	3,172 Hectares

Water & energy consumption per ton of paper produced

	FY 2021-22	FY 2022-23
Water (KL/MT)	66	58
Steam (p.t.)	9.55	8.79

New developments since 2022-23
The Company continuously focusses on quality improvements and accordingly invested in systems and processes to manufacture quality products.

Product launches since 2022-23

• Wesco Cup Base- Single Layer Paper for Paper Cup Base
• Wesco Cup Board- Single Layer Paper for Paper cup Wall
• Wesco Straw Fold & Straw Base, as replacement of plastic Straw
• Wesco Plato for Paper Plates
• Wesco Nova Print, a High Bulk Product for Book Printing on Pm2
• Wesco Dura Print for High end paper bags.
• Wesco Dura Leno for Economy grade Paper bags
• Wesco Dura Colour – a basket of 6 colours for coloured paper bags
• Wesco Aqua Green for Cloth Envelope
• Wesco Classic OWS, Paper for effective Communication
• Wesco Prime, Wesco Eco Liner and Wesco Firma – lower gsm cup stock paper (130/135 GSM)
• Wesco Leo – Economical grade multilayer board for Paper Cup Wall.
• Wesco Wrap Pack Anti-Fungal – paper for use in soap inner wrapper as such without poly-coating.

Exports markets
Export of Paper and Paperboard in foreign currency during the year was 2,204 MT worth INR 18 Crores (FOB) as against 3,606 MT worth INR 21 Crores (FOB) in the last year. The Company exports to countries like Kenya, Uganda, Sri Lanka, Sudan, U.A.E, Cameroon, Iraq, Nepal etc.

Future plans
The Company has been taking pro-active steps to fully utilize the opportunities by making investments for upgrading its existing Plant and ensures adequate access to low-cost resources that make it competitive across market cycles.

Raw material base

Wood	94%
Waste Paper/Pulp	6%

Andhra Paper Limited
Where Tradition Meets Technology

Year of establishment:	1964
Headquarter:	Rajahmundry, Andhra Pradesh
Mill location:	Unit 1: Rajahmundry, Andhra Pradesh Unit 2: Kadiyam, Andhra Pradesh
Number of employees:	2,010
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2022-23: 2,41,000 TPA
b) Actual Production:	2021-22: 2,35,155 MT 2022-23: 2,50,292 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 1,380.23 2022-23: INR 2,097.66
b) EBITDA	2021-22: INR 265.81 2022-23: INR 786.74
c) Net Worth	2021-22: INR 1,094.09 2022-23: INR 1,582.17
d) Growth Rate (Turnover)	52.5%

CSR activities with regards to environment, society & employee welfare

CSR activities expenditure during the year was INR 304.21 lakhs. Our community development activities are mostly focused in and around the mills in Rajahmundry and Kadiyam. Some of our CSR activities performed are:

• Infrastructure support to APPM Model School, Rajahmundry
• Cowshed for Animal welfare at Kadiyam Village, East Godavari District
• Construction of Water Pipelines and storage sumps of 300Kl and 150Kl at Village Kadiyam at a cost of INR 1.43 crores supporting more than 5,000 families to overcome water scarcity during summer
• Medical equipment support to Hospitals in Rajahmundry and Kadiyam
• Blood Donation Camp conducted to support Thalassemia Children in Rajahmundry
• Infrastructure support to working women’s hostel at Rajahmundry
• Tailoring unit imparting vocational skills to Less Privileged women at Rajahmundry

Area covered under plantations
The Company has facilitated distribution of 80 lakhs of Casuarina clones and 593 lakhs Casuarina seedlings covering 8,029 hectares of land. They planted 673 lakhs of saplings in the fiscal to support our farm forestry efforts and to care for nature and the environment.

Water & energy consumption per ton of paper produced

Power Consumption	920 KWH per ton of paper
Water Consumption	21.9 M3 per ton of paper
Steam Consumption	4.34 per ton of paper

New developments since 2022-23

• During the year, the Board of Directors approved a capital expenditure amounting to INR 400 Crores to rebuild and upgrade the existing Pulp plant to improve the reliability and efficiency of the Pulp Mill.
• Expansion and capacity addition by setting up an integrated Green Field Project at Unit: Kadiyam, East Godavari District, Andhra Pradesh. It is proposed to install approximately 175,000 Ton per annum Board machine (KA#4) along with ancillary and support infrastructure concerning the project. The existing production capacity is 87,000 TPA. The proposed capacity addition is 2,21,000 TPA (Pulp) and 1,56,000 TPA (Paper Board).
• The company began producing value-added products, including Cup stock, Pharma Print, and Hi BF Virgin Kraft.
• With changing preferences in Customers and Government Regulations, the Company took timely initiatives on new product development and launched niche products, Carry Bag and Straw Paper during the year.
• The Company believes that farmers will continue growing trees only if their income increases per unit of land. In this direction, the Company, in collaboration with Institute of Forest Genetics & Tree Breeding, Coimbatore (IFGTB), has given impetus to the whole farm forestry program taken up by the Company as the new generation clones are yielding better than old clones and are disease resistant.

Product launches since 2022-23

• The company developed a Barrier Coated product: Eco Cup-stock, which is CIPET-Certified
• Carry bag 90-130 GSM on RJ# 3 machine
• Straw Paper 60-120 GSM on RJ# 5 machine
• New Product Décor Paper developed at KA#1
• Carry bag and straw paper trials taken at KA#1

Exports markets
Contribution of exports as a percentage of the total turnover of the Company is 8.48%

Future plans

• New Product Development: Beige Shade to be made at KA#2 as per market demand.
• Evaluation of alternate fibrous raw materials.
• Process optimization: OBA optimization & cost reduction with identified suppliers, Reduction in Fiber loss, Dye Trials to be taken for Sun Pulp Violet.
• Identification of functional additives/ chemicals for Product development, Process / quality Improvement and Cost reduction
• Quality Improvement:
  > Static Bar for KA#1: Static bar will be installed in KA#1 calendar section to eliminate static current from the paper which in turn gives better sheet release property during printing operation.
  > DIP Project: DIP Project for Cleanliness & Spec Improvement is under discussion with suppliers.
  > Size Press at KA#3: Plan for Size press project under progress
  > STP Project under progress.
  > Storm water Drains & Rain water Harvesting system under progress.
  > KA#3 1st & 2nd Press part frames strengthening under discussion.

Raw material base
Wood, Waste Paper or Agro Residue

*Information compiled from Annual Report

Also Read: N R Agarwal Industries to Install Single Largest Packaging Board Machine in India, Invests INR 1000 Crores

Seshasayee Paper And Boards Limited
Fine Papers – Lasting Impressions

Year of establishment:	1960 Commercial Production: December, 1962
Headquarter:	Erode, Tamil Nadu
Mill location:	Mill 1: Unit Erode, Pallipalayam, Tamil Nadu Mill 2: Unit Tirunelveli, Mukkudal, Tamil Nadu
Number of employees:	Total: 1,423 Unit Erode: 1,215 Unit Tirunelveli: 208
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 2,40,000 TPA* 2022-23: 2,55,000 TPA
Capitalization of capacity addition in Paper Machines during the mid-year.
b) Actual Production:	2021-22: 2,12,086 MT 2022-23: 2,41,145 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 1,354.93 2022-23: INR 2,082.53
b) EBITDA	2021-22: INR 182.24 2022-23: INR 564.58
c) Net Worth	2021-22: INR 1,205.60 2022-23: INR 1,576.29
d) Growth Rate (Turnover)	54%

CSR activities with regards to environment, society & employee welfare

• The Company has been pursuing social objectives for long in the interest of rural welfare. It runs two higher education schools and an elementary school for the benefit of poor children in the neighbourhood.
• The Company promoted and continues to support the establishment of 3 Lift Irrigation Schemes to bring nearly 1,500 acres of dry lands under irrigation and crop cultivation, using Mill’s treated trade effluents, thus turning a waste into wealth.
• It provides drinking water to nearby villages.
• It runs four Primary Health Centres in nearby villages and provides quality health care. A qualified well experienced doctor with adequate number of para medical assistants manage these health centres, providing free medicines. Medical camps covering varied fields are conducted with the support of accredited hospitals.
• The Company also raises upto the call of Central / State Government and contributes to the Relief Funds.

Area covered under plantations
In line with the company’s vision to remain Wood Positive, over 95 crores seedlings were made available during the last 6 years, at subsidized rates, for planting in over 1.09 lakh acres of land.

The Company continues to provide quality Clonal Seedlings of Eucalyptus, as well as bare-rooted Casuarina Seedlings, at subsidised rates, to interested farmers and assist them with technical help to achieve higher yields.

In addition, the Company had provided clones of Melia-Dubia, a high yielding fast growing species, suitable for pulp production. Technical Support to the farmers for this initiative is being provided in association with the Department of Tree Breeding of Forest College and Research Institute, attached to Tamil Nadu Agricultural University, Coimbatore, under a Collaborative Research Project.

In accordance with the Company’s vision to achieve wood positive status, over fourteen crore Seedlings (Clonal Eucalyptus Seedlings, bare-rooted Casuarina Seedlings and Melia Dubia Clones) were made available during the year, to farmers at subsidised rates for planting in about 22,502 acres of land. (Previous Year : 20,042 acres)

Water & energy consumption per ton of paper produced

	FY 2021-22	FY 2022-23
Process Water	39 M3	35 M3
Power	1,309 kWh	1,296 kWh
Process Steam	6.88 Tonnes	7.06 Tonnes

New developments since 2022-23

• The Project – Mill Development Plan – III (MDP – III), commissioned in phases during the last 3 years, helped the company
  > In Upgradation and Modernisation of the Paper Machines in Erode, to increase the Capacity from 1,32,000 tonnes per annum to 1,65,000 tonnes per annum.
  > In Upgradation and Modernisation of the RDH Pulp Mill to increase the Capacity to 1,54,000 tonnes per annum.
  > Upgradation of the Recovery Island and
  > Further Diversification and enhancement of Product offerings with entry into Premium Boards segments / multi-layer products.
• The entire project cost of MDP-III (Project Cost incurred as on 31.03.2023 – Rs 244.3 Crs) was met out of internal accruals.
• With the successful completion of project MDP-III and with the prospect of company’s paper manufacturing capacity getting expanded with the acquisition of M/s. Servalakshmi Paper Limited (Corporate Debtor under Liquidation), the company has commenced its work on identifying the next round of strategic growth projects for the company.
• The Company participated and emerged as the successful bidder in the e-auction held on 19.09.2022, for the sale of M/s.Servalakshmi Paper Limited (In Liquidation) (Corporate Debtor), on a Going Concern basis. Applications, filed challenging the e-auction and confirmation of sale, were heard by NCLT, Chennai bench and the Hon’ble Tribunal had reserved the matters for Orders.

Product launches since 2022-23

• Azurelaid (High Smooth) – Surface Sized, high smooth, high strength ledger paper
• Pharma Paper – To be used as Pharma Insert in Pharmaceutical segment
• Maplitho (CB) – High strength Maplitho paper for Paper Bag segment
• Virgin Kraft – Strong Kraft Paper for Paper Bag, Pouches and Corrugating applications
• MF Kraft (DS) – Strong Kraft Paper for Paper Bag, Pouches and Corrugating applications
• Chromo – High Brite – One side coated paper with superior brightness
• SPB Prime – High Quality Base Board for Paper Cups
• SPB Flora – High Quality Boards for Paper Plates
• SPB Momentz – High Quality Boards for Wedding Cards
• SPB Fusion – Bleached Carton Boards for corrugating applications
• SPB Carton Board – Bleached Carton Boards for corrugating applications
• Kraft Liner Board – Unbleached Boards for corrugating applications
• Albella 70 gsm – Co-Branded Plain Copier Paper
• SPB Copier Deluxe 70 gsm – Plain Copier Paper
• Cartridge Paper – For Drawing Notebooks (launched in 2022-23)
• Index Print – For high end multicolor printing (launched in 2022-23)
• Index 65 – Another variant of Branded Copier (launched in 2022-23)

Exports markets
The Company has recently been upgraded to “3 Star Export House” Status by the Government of India, Ministry of Commerce, Directorate General of Foreign Trade, in recognition of its export performance. The Company exports about 15%-20% of its production to over 30 countries, including to such advanced markets like USA and European Countries.

	FY 2021-22	FY 2022-23
Unit Erode	28,129 MT	16,851 MT
Unit Tirunelveli	28,881 MT	22,106 MT
Total Exports	57,010 MT	38,957 MT

The export volumes represented 16.2 % of the production during FY 2022-23 (This stood at 26.9 % during the FY 2021-22).

Due to higher realisations in FY 2022-23 over FY 2021-22, the overall export sales in value terms stood at Rs. 379.8 Crs for FY 2022-23 vs Rs. 358.2 Crs in FY 2021-22, thereby registering a growth of 6.0% in value terms.

The total export proceeds in USD stood at USD 46.65 Mn for the year 2022-23, compared to USD 47.96 Mn in previous year). In addition, the company had sales of EURO 0.11 Mn and AED Mn 1.82 during the FY 2022-23 (Previous year : EURO Mn 0.08 & AED NIL)

Future plans

• The Board of Directors of the Company, in their meeting held on April 29, 2023, has accorded in-principle approval for the company to secure Environmental Clearances for project Mill Development Plan – IV (MDP – IV) in Company’s manufacturing facility in Erode, to augment Paper Capacity from 1,65,000 tonnes p.a. to 2,31,000 tonnes p.a. and Pulp Capacity (Wood and Bagasse) from 1,80,000 tonnes p.a. to 2,52,000 tonnes p.a.
• Phase-I of MDP-IV will consist of activities for enhancing the pulp capacity to 2.52 lakh tonnes p.a. in Unit : Erode with a marginal increase in paper capacity. The enhanced pulping capacity will help the company in replacing costlier purchased pulp (imported pulp / deinked pulp) and reduce the overall cost of manufacturing per tonne of Paper in Unit : Tirunelveli.
• The company has commenced the activities to seek the necessary environment clearances with the Ministry of Environment and Forests for Climate Change.
• Project MDP-IV – Phase – I is expected to be completed in 24 – 30 months after final approval of the Project by the Board of Directors and on securing necessary Environmental Clearances.
• The project cost for Phase – I is estimated at Rs.700 crores and the company expects to fund the entire project out of its internal accruals only.

Raw material base

	FY 2021-22	FY 2022-23
Wood	2,87,330 BD t (87%)	3,41,993 BD t (82%)
Bagasse	18,213 BD t (5%)	35,621 BD t (8%)
Imported Pulp	9,275 AD t (3%)	14,849 AD t (4%)
Recycled Fibre	16,362 AD t (5%)	24,846 AD t (6%)

Emami Paper Mills Limited
Inspiring Optimism

Year of establishment:	1981
Headquarter:	Kolkata, West Bengal
Mill location:	Balasore, Odisha
Number of employees:	1,111
Paper & Paper Board Manufacturing Data	
a) Production Capacity:
Newsprint, Writing & Printing Paper	2021-22: 1,40,000 TPA 2022-23: 1,40,000 TPA
Multi-layer Coated Board	2021-22: 2,00,000 TPA 2022-23: 2,00,000 TPA
Total	2021-22: 3,40,000 TPA 2022-23: 3,40,000 TPA
b) Actual Production:
Total	2021-22: 3,10,00 MT 2022-23: 2,96,594 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 1957.11 2022-23: INR 2308.11
b) EBITDA	2021-22: INR 322.08 2022-23: INR 237.29
c) Net Worth	2021-22: – 2022-23: INR 698.72
d) Growth Rate (Turnover)	18%

CSR activities with regards to environment, society & employee welfare

• Education: In FY 2022-23, we supplied benches, desks, notebooks, furniture, and financial assistance to students. We are providing exposure & shaping the future of more than 1,000 tribal students in our new CBSE affiliated EMAMl KISS School.
• ‘TEACH’ an ADULT mission: As part of our upcoming initiatives in the following financial year, we are planning to launch an Adult Literacy project known as ‘T E A C H’ which aims to bring adult literacy to ~ 20 villages in the locality.
• Healthcare: During the fiscal year 2022-23, we offered healthcare services to around 27,000 people through homeopathic and ayurvedic treatment camps. Additionally, we organized 17 general health camps, to benefit more than 2,200 individuals. Under “Pradhan Mantri TB Mukt Bharat Abhiyan”, Emami has sponsored INR 1,50,000/- adopting 50 numbers of TB patients in Phase I for 6 months.
• Sustainable environment: In FY2023, we have planted more than 1,400 plants, furthering our commitment to forest conservation. Additionally, we have distributed more than 1,600 fruitbearing plants to approx. 400 families within the community to encourage sustainable practices
• Animal welfare: Our organisation diligently tended to a herd of approx. 192 neglected cattle and created provision for their shelter and nourishment.
• Women empowerment: Our women empowerment progra-mmes strive to cultivate a nurturing ecosystem that fosters entrepreneurship, enhances its economic resilience, and fosters overall well-being. We have partnership with Govt of Odisha under “Mission Shakti Mission”, we initiated a complimentary tailoring training programme for women in neighboring village, in another village we have arranged a Mushroom Cultivation Training Program & startup ecosystem for needy women.

Rural development and promotion of art and culture: In FY 2O22-23, we installed street lights in rural areas and financial assistance was provided to an old age home. Additionally, ~ 1,160 blankets were distributed, and financial support was extended to local organisations and the District Administration to promote art and culture for the support of handicraft artisans.

New developments since 2022-23

• Size Press successfully retrofitted in the largest newsprint machine making it suitable for producing other grades of papers. Trial run has been successfully completed. For the first time in the Indian Paper Industry, such a project in a running mill was successfully commissioned. With the successful commissioning of Size Press, the company was able to cater to the increasing market demand in the writing and printing paper segment apart from Newsprint.
• 100% of fly ash generated is being used for fly ash bricks manufacturing
• Massive green belt development has been undertaken in and around the Company premises.
• A large percentage of water from our Effluent Treatment plant is utilized for agricultural and plantation purposes and discharge to the Sapna Nala is minimized.
• Fresh water consumption reduced by 400 m3/day by recycling of back water through filters in PM-3
• Fresh water consumption reduced by 200 m3/day in PM-2 from the existing level.
• Fresh water consumption reduced by 400 m3/day in PM-1.

Product launches since 2022-23

• Pharma Print 40 gsm developed and stabilized in PM1 & PM2 machines.
• Developed environmental friendly Oil & grease resistant (OGR) Paper in PM1, which is fluorocarbon-free and biodegradable in nature for food packaging.
• Developed Interleaving Paper in PM1.
• Solitaire, Writing & Printing grade Paper in PM3 developed and stabilized.
• Developed sublimation paper of 40 GSM in PM2.

Exports markets
China to the Southeast market
11.70% of total turnover

Future plans

• Continue to develop new products.
• Continue to work on improvement of yield.
• Reduction of fresh water consumption by recycling and reuse of treated process water and treated water from effluent.
• Usage of alternative chemicals for quality optimization and cost saving.
• Continual reduction of power and steam consumption in production processes.

Raw material base
The Company sources its major raw material from waste paper, which is environmentally friendly, thereby promoting sustainability. The procedures are in place for sustainable sourcing. The company utilizes FSC-certified imported wood pulp.

*Information compiled from Annual Report

Satia Industries Limited

Year of establishment:	1984
Headquarter:	Muktsar, Punjab
Mill location:	Muktsar, Punjab
Branch location:	Delhi, Chandigarh & Jaipur
Number of employees:	2,150+
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 2,05,000 TPA 2022-23: 2,19,000 TPA
b) Actual Production:	2021-22: 1,43,716 MT 2022-23: 2,09,910 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 890.9 2022-23: INR 1,883.7
b) EBITDA	2021-22: INR 181.25 2022-23: INR 425.82
c) Net Worth	2021-22: INR 545 2022-23: INR 733
d) Growth Rate (Turnover)	111%

CSR activities with regards to environment, society & employee welfare
CSR amount spent for the financial year was INR 203.19 lakhs. Satia Industries, has remained committed to making strategic social investments for sustainable outcomes. The Foundation has been active in the core areas of Education, Healthcare, Wellness and Environmental Sustainability. The Foundation is known for its innovative approach to problem solving. It challenges the status quo and adopts new solutions that lead to sustainable impacts. Satia Industries Ltd believes that being socially responsible and meeting the expectations of our stakeholders is fundamental to the value system the Company beholds. The Company is strongly progressing in this arena and has been creating its impact on society by contributing to the development of the community. The Company also plays a significant role in promotion of inclusive growth through empowerment of socially and economically weaker sections of society. Partnerships with corporate bodies and NGOs are entered into for education and community development programmes. Active involvement of the Company’s employees in volunteering. The Company’s participation focuses on operations where it can contribute meaningfully either through employee volunteering or by using core competency which develops solutions.
Brief Outline on Company’s CSR policy:

• Community Health Improvement: Periodical medical check-up blood donation camps to be organized near the project site eye check-up camps health awareness camps for mothers and children and health and hygiene practices
• Community Education Facilities: Augmentation of furniture, blackboard etc. in village schools to award scholarships to meritorious students, distribution of educational books, stationery, uniforms aids etc.
• Community Welfare Activities: Development of worship places, beautification, distribution of seeds & saplings, promotion & support to various Govt schemes.
• Community Water Conservation: Rainwater harvesting, groundwater recharge pits and water conservation awareness programs.
• Infrastructural Development: Village Pond retrieval and R.O installation
• Afforestation Programs: Plantation of trees on Village roadsides.

Area covered under plantations
SIL has 540 acres of eucalyptus plantations, developed per Karnal Technology, consumes total treated water discharge, and complements the future wood raw material requirements.

Water & energy consumption per ton of paper produced

	FY 2021-22	FY 2022-23
Total Energy consumption	55,71,584 GJ	78,65,090 GJ
Total Water consumption	53,94,353 KL	74,24,910 KL

New developments since 2022-23

• Last year the company added a 4th state of the art paper machinery to its production facilities with a capacity of 100,000 MTPA. With a diverse Capex program to modernize and scale up its capacities, SIL now has total installed capacity of 2,19,000 MT in FY23.
• FITCH India Rating has upgraded our rating from ‘A’ to ‘A+’ with stable outlook.
• During the quarter, we have received orders from Gujarat and Telangana to the tune of 8,000 tons. With this our current order book stands at 24,000 to be executable over Q1FY24
• Company has installed two out of proposed eight cutlery machines which would be commissioned in 1HFY
• The company generated a healthy cash flow during the year, enabling it to prepay term loans amounting to Rs 86.8 million. This brings the total amount repaid by SIL to Rs 1094.0 million during FY23. Furthermore, as part of our ongoing commitment to reduce overall debt, we have prepaid an additional amount of Rs 263.8 million in April 23.

Exports markets
Revenue from external customers (rest of the world, other than India): INR 58.29 Crores.
Contribution of exports as a percentage of the total turnover of the entity is 3.12%.

Future plans
We plan to start a new steam boiler in this year which will use rice straw as fuel leading to fuel cost saving and solving the environment pollution problem caused by burning of rice straw in the open fields.

Raw material base
Wood and agro-based paper manufacturers

*Information compiled from Annual Report

Kuantum Papers Limited
Innovating Sustainably, Progressing Responsibly

Year of establishment:	1980
Headquarter:	Chandigarh
Mill location:	Saila Khurd, Punjab
Number of employees:	1,304
Paper & Paper Board Manufacturing Data	
a) Production Capacity:	2021-22: 1,64,250 TPA 2022-23: 1,64,250 TPA
b) Actual Production:	2021-22: 1,51,674 MT 2022-23: 1,52,304 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 834 2022-23: INR 1,313
b) EBITDA	2021-22: INR 123 2022-23: INR 383
c) Net Worth	2021-22: INR 830 2022-23: INR 967
d) Growth Rate (Turnover)	57%

CSR activities with regards to environment, society & employee welfare

As part of its CSR initiatives, Kuantum Papers aims to enhance value and actively contribute to the social and economic development of the communities in the areas in which it operates. It has a vision to build a better, sustainable way of life for the underprivileged, and raise their overall standard of living. In addition, they are committed to conserving and preserving the environment and reducing their overall carbon footprint.

Environment

• Providing Treated Water to Farmers for Irrigation – Kuantum Papers has taken proactive steps to reduce consumption of water by reusing and recycling water within plant operations and ensuring that all treated wastewater is being utilised for the irrigation of more than 2000 acres of farmers’ land in nearby villages. The pipeline for distribution of water to the fields has been laid at the expense of the Company.
• Social Farm Forestry Program – The Company has an on-site advanced Clonal Propagation Center (CPC) which is dedicated to the cultivation of superior clones of various fast-growing and high-yielding pulp wood species, such as Eucalyptus, Poplar, Casuarina, Melia, Subabul Saplings, that serve as the primary wood source for the paper industry. The clones are distributed to the local farming community at subsidized rates as part of the Social Farm Forestry Program, providing them with an additional source of income.

Education
The Company believes in the transformative power of education and has taken significant steps to ensure access to quality education for underprivileged children. It provides subsidised education through the high school run by it in the village of Saila Khurd. Anganwadi schools have been constructed in Saila Khurd and Paddi Khutti, which ensure early childhood care and education and new classrooms have been added in the nearby Government High School to benefit the children of the community.

Healthcare & Hygiene

• To improve the quality of healthcare for the local community Kuantum regularly organises free medical check-up camps in surrounding villages and sponsors specialist medical practitioners at the OPDs of local charitable hospitals. To facilitate hygienic cleaning of linen and medical clothing an industrial washing machine was provided to the Civil Hospital, Garhshankar.
• The Company has also provided clean and safe drinking water through RO Systems and water coolers at public places and has also installed an overhead water tank with a tube well chamber at Saila Khurd to ensure uninterrupted water supply to the village.
• To improve sanitation, sewerage pipelines and Sewerage Treatment Plants (STP’s) have been constructed in villages including Saila Khurd, Bharapur Jattan, Raniala, and Saila Kalan.

Rural Development

• The company has contributed to the development of infrastructure in surrounding villages by constructing streets and making utility facilities, including toilets.
• As part of its commitment to fostering a clean and green environment, they have facilitated plantation drives in government schools and Panchayat Land. To cater to the recreational needs of children, a special Children’s Park has been developed at village Saila Khurd and swings have been installed in government schools and other villages.
• Solar lights have been installed and the Company has also contributed to the construction of a Suvidha Centre building in Garhshankar.
• As part of women empowerment initiatives, distributed sewing machines have been distributed to women in surrounding villages to enhance their self-sustainability.

Employee Welfare
At Kuantum Papers, we firmly believe that our employees are the cornerstone of our success. We strive to create a workplace where every individual feels valued, respected, and empowered to contribute their unique ideas and specific talent. Through various employee engagement initiatives like induction program, learning & development programs and team building activities we foster a sense of belonging and camaraderie among our team members, promoting a strong company culture built on trust, transparency, and open communication.

Area covered under plantations
Till Date 5,650 Acres
FY 22-23 950 Acres

Water & energy consumption per ton of paper produced
Water 47.7 Cubic Meter/Ton
Power 1,341 KWH/Ton
Steam 11.1 Tons/Ton

New developments since 2022-23

• A High-Rate Solid Contact Clarifier (HRSCC) has been installed for the treatment of Paper machine backwater, resulting in savings of 1150 cubic meter of fresh water per day.
• The Company has commissioned an on-site SO2 generation plant, making it self-sufficient in its SO2 gas generation.
• Mega Clarifier and Belt Filter Press have been installed in the Pulp Mill to handle and process wet washing clarifier underflow sludge.
• To increase the production of Copier, a new A4 Sheeter with a capacity of 60 TPD has been installed.
• A high-speed Synchro Sheeter with a capacity of 90 TPD with auto counting, dust collection facility and size accuracy features has been commissioned.
• Load Sharing Panel has been installed to share the load of all available power sources without any manual intervention.
• Sedi Cell installed at ETP for further improvement in quality parameters of effluent.
• Dust Suppression System installed at agro raw material section to minimize fugitive dust emissions.
• Launched new packaging for all GSM variants of the copier paper K-One & Colored Copier – Kaleela, with improved quality parameters basis target market feedback.
• ‘Project Neev’, launched in collaboration with BTG Group which is focused on IT-OT convergence. It aims to enhance processes, optimise resource utilization, and achieve operational excellence with the use of machine learning and AI.

Product launches since 2022-23

• Kuantum Sipps (Base paper for making straws)
• Kosmo Thermic (Base paper for thermal coating)
• Kosmo Enfold (For making envelopes)
• Kosheen Aqua with 100% own wood pulp
• Kosmo Litho

Exports markets
Kuantum has expanded its export footprint in recent years and has forayed into 30+ countries, including key regions like the Middle East and Africa. As a strategy, it will continue to allocate upto 15% of its production to cater to the export market.

Future plans

• Debottlenecking and upgrading all 4 paper machines and pulp mill, to increase production capacity to 600 TPD.
• Setting up a Specialty Paper machine to diversify the product portfolio.
• In line with the motto “Kuantum for Earth”, the company aims to reduce its freshwater consumption by almost 35% in the next 2-3 years by adopting best available technology.
• Expand clonal sapling production to 1 crore p.a.

Raw material base

Agro Residue	52%
Wood	48%

Bindals Paper Mills Limited & Bindals Group
Passion, Planet, Paper

Year of establishment:	2009
Headquarter:	New Delhi
Mill location:	Mill 1: Bindals Papers Mills Limited, Muzaffarnagar, Uttar Pradesh Mill 2: Tehri Pulp And Paper Limited, Muzaffarnagar, Uttar Pradesh Mill 3: Agarwal Duplex Board Mills Limited, Muzaffarnagar, Uttar Pradesh Mill 4: Bindlas Duplex, Muzaffarnagar, Uttar Pradesh
Number of employees:	1,300
Paper & Paper Board Manufacturing Data	
a) Production Capacity:
Uncoated Woodfree Paper	2021-22: 1,05,000 TPA 2022-23: 1,05,000 TPA
Kraft Paper	2021-22: 1,77,000 TPA 2022-23: 2,53,000 TPA
Duplex Board / Poster Paper	2021-22: 1,12,600 TPA 2022-23: 1,12,600 TPA
b) Actual Production:
Uncoated Woodfree Paper	2021-22: 97,298 MT 2022-23: 1,07,918 MT
Kraft Paper	2021-22: 1,61,882 MT 2022-23: 1,89,770 MT
Duplex Board / Poster Paper	2021-22: 1,04,168 MT 2022-23: 99,771 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 1,838.54 2022-23: INR 2,214.70
b) EBITDA	2021-22: INR 126.75 2022-23: INR 178.92
c) Net Worth	2021-22: INR 399.13 2022-23: INR 491.99
d) Growth Rate (Turnover)	20.46%

CSR activities with regards to environment, society & employee welfare
Eradication of Hunger, Promoting of Health Care, Primary Education for under Privileged Children. Livelihood and Education of Disabled People.

Area covered under plantations
6.8 Hectare

Water & energy consumption per ton of paper produced
Water Consumption 20 M3/MT
Energy Consumption 1050 kw per MT

New developments since 2022-23
Rotary Lime Kiln

Product launches since 2022-23
Green Copier Paper & High Bulk Book Printing Paper

Exports markets
10 to 15 % of total production to 42 countries with the main focus to UK, USA, Nigeria, Ethiopia, Middle East and Sri Lanka

Raw material base
Bagasse, Wheat Straw & Waste Paper

Trident Limited
The Good Paper (Good for the farmers, good for the society, and good for the customers)

Year of establishment:	1993
Headquarter:	Ludhiana, Punjab
Mill location:	Barnala District, Punjab
Number of employees:	1,200
Paper & Paper Board Manufacturing Data	
Actual Production:	2021-22: 1,58,242 MT 2022-23: 1,48,145 MT
Financial Data (in Crores):	FY 2021-22 FY 2022-23
a) Turnover	2021-22: INR 979 2022-23: INR 1,343
b) EBITDA	2021-22: INR 216 2022-23: INR 368.45
c) Net Worth	2022-23: INR 4,125.80
d) Growth Rate (Turnover)	37%

CSR activities with regards to environment, society & employee welfare

• Saakshar: Trident Group has always been talked about for its philanthropy. Empathizing with the underprivileged sections, the group undertook initiatives to educate local communities and provided education to rural children by reconstructing and refurbishing schools and Anganwadis. This initiative benefits over 3000+ students.
• Healthcare: With an aim to make world-class healthcare accessible to everyone, the group has constructed Madhuban Hospital and Sanjivini Dispensary, and they organize free medical camps in villages aiming to provide accessible healthcare to the rural population. More than 5100 members have received FREE OPD services through these health camps. Additionally, 7000+ members have received free OPD consultations and medicines in Punjab.
• Nirmal Narmada Abhyan: With this initiative, over 100 metric tons of plastic waste from the river Narmada has been taken out, benefiting local communities with clean and hygienic water.
• Srijana: This initiative is in collaboration with the Institute of Social Sciences and the Ministry of Women & Child Development (M.P). The main objective behind running this programme is to impart knowledge regarding menstrual & reproductive health; and to create awareness among adolescent girls for safe usage and disposal of sanitary napkins. Free sanitary napkins are distributed to women members through vending machines installed at different plant locations.
• Hastkala: Trident has always believed and stood by the ideology of making women self-reliant. The company extends its support to several self-help groups of women in rural areas of Punjab and Madhya Pradesh. Today, Trident is associated with more than 200 families through this initiative. Members of Hastkala Self-Help Groups have also been provided with sewing machines to empower them to increase their earning ability. To empower women living in rural areas with entrepreneurial opportunities, 5 free sewing centers have been established offering training in stitching, embroidery etc. Various ‘Hastkala Sales’ are organized where they exhibit handcrafted products and generate sales.
• The group planted over 61,000 saplings in FY 2022-23 around the manufacturing facility and office locations along with creating a complete organic mini forest by planting 10,000 saplings around the manufacturing Dhaula plant.
• The group recovers and recycles 98% of water and follows the Zero Liquid Discharge policy doing no harm to the natural resources.
• Reduces over 8000 Tons of GHG emission by lifting more than 7500 Tons of Parali (agro-waste) every year impacting 12 million sq meter area in Punjab.

Water & energy consumption per ton of paper produced
Water consumption (2023) 37 KL/MT
Energy consumption (2023) 866 KWH/MT

New developments since 2022-23
The company installed a shoe press on their PM2 machine to increase the daily production capacity by a remarkable 50 MT. Not only that, but the quality of the paper has significantly improved. With this upgrade, the paper being manufactured now achieves greater strength and enhanced glaze, resulting in a superior product. The development mentioned has resulted in a wider range of paper options like lower GSM papers, going as low as 58 GSM, and higher GSM papers, reaching up to 150 GSM. Moreover, enhancements in printability have been achieved by increasing the dryness of the paper.
With My Choice notebooks becoming a popular school essential amongst students, the company is working towards catering to the needs of its target audience by coming up with notebook cover designs that are popularly fascinated by school-going children.

Product launches since 2022-23
The company is one of the leading players in the paper industry and has embarked on a series of initiatives aimed at fostering awareness about environmental conservation. Their recent endeavour to revamp copier paper packaging using flowers is a symbol of their commitment to the environment. The approach not only showcases dedication but also emphasizes the vital importance of preserving our planet. The incorporation of flowers in the packaging design is to send a clear message about sustainability and the need to protect the natural world.

Exports markets
Ethiopia, Congo, Angola, Mozambique, Madagascar, Kenya, New Zealand, Haiti, Porto Rico to name a few. Around 10% contribution from exports in paper business, whereas for the overall group exports is around 53%.

Future plans
The aim is to achieve 100% capacity utilization and to do so, the brand has decided to focus on technology upgrades, streamlined production processes, and sustainable resource management. Collaborating with diverse markets, adapting to evolving customers and working towards building a strong value-added product portfolio will be the key areas of focus.

Raw material base

	FY 2021-22	FY 2022-23
Wheat Straw Pulp	62.5%	62.2%
Hard Wood Pulp	37.4%	37.3%
Hardwood & Softwood
Imported Pulp	0.1%	0.6%

N R Agarwal Industries Limited
Waste Redefined

Year of establishment:	1993
Headquarter:	Mumbai, Maharashtra
Mill location:	Unit 1 & Unit 4 at Vapi, Gujarat Unit 5 at Sarigram, Gujarat
Number of employees:	1,364
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 3,54,000 TPA 2022-23: 2,88,000 TPA
Actual Production:	2021-22: 3,04,768 MT 2022-23: 2,70,941 MT
Financial Data (in Crores):
a) Turnover	2021-22: INR 1,616.50 2022-23: INR 1,766.06
b) EBITDA	2021-22: INR 154.24 2022-23: INR 197.34
c) Net Worth	2021-22: INR 536.04 2022-23: INR 635.63
d) Growth Rate (Turnover) Growth Rate (Net Worth)	9.25% 18.58%

CSR activities with regards to environment, society & employee welfare

1. Health Care
2. Rural Development

New developments since 2022-23
Expansion program of 500 TPD board machine at unit 5, Expandable to 900 TPD

Exports markets
Various countries – it is about 15 % of production

Raw material base
Waste paper & purchased pulp

Naini Papers Limited
Ethically Firm, Environmentally Strong

Year of establishment:	1995
Headquarter:	Kashipur, Uttarakhand
Mill location:	Kashipur, Uttarakhand
Branch location:	New Delhi
Number of employees:	1,400
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 1,25,000 TPA 2022-23: 1,25,000 TPA
Actual Production:	2021-22: 1,10,998 MT 2022-23: 1,26,415 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 650 2022-23: INR 1,114
b) EBITDA	2021-22: INR 129 2022-23: INR 376
c) Net Worth	2022-23: INR 1,197
d) Growth Rate (Turnover) Topline CAGR – last 5 year around	71% 26%

CSR activities with regards to environment, society & employee welfare
CSR: It is a matter of immense pleasure for the Naini that in pursuance of its commitment to the upliftment of the education sector, a total of 50 government schools have been formally adopted by it.

• In the First Phase of the Project, the complete renovation of 6 schools was successfully completed by Naini. Under this project gender-based toilet blocks for girls and boys of the schools were constructed separately with modern facilities, supply of safe drinking water has been ensured by installing borewell of more than 250 feet, Hand wash station was constructed in each school for drinking water and washing hands. Major civil repair was undertaken in these schools which included repair of the boundary walls of the school building, ceiling, walls, and floors of the classrooms. Black boards and electrical fittings were also repaired. Old windows, doors, and main entrance gates have been replaced with new ones wherever required. After completion of the civil work, all the schools were completely painted.
• In the Second Phase of the program, all the earlier six renovated schools were equipped with good quality wooden furniture. Apart from this, two new schools were also selected for their complete renovation with furniture. All the work related to this second phase of the project was completed.
• The Third Phase of the Project is ongoing in which similar types of renovation activities are presently carried on by the company in 8 more Government Schools of the Jaspur Tehsil.

CER (Corporate Environment Responsibility):

• Adoption of Green Technology to keep our environment clean and green.
• Complete recycling of paper machine effluent to pulp mill by passing through Saveall.
• 100% recycling of Paper machine backwater to Pulp mill by passing through Saveall and settling in a clear water tank i.e. 2,200 cubic meter per day reduction in freshwater consumption.
• Installation of Efficient IBS showering system on the paper machine, wet end to reduce water consumption drastically. Water consumption was reduced to 2,200 cubic meter per day from 2,900 cubic meter per day after installation of the IBS showering system i.e. 700 cubic meter per day reduction.
• Use of ETP treated effluent after Secondary stage for wet washing of raw material and wetting of Bagasse wet bulk storage.
• 100% reuse of treated secondary stage ETP effluent for wet washing of raw material and wetting of Bagasse wet bulk storage i.e. 4,000 cubic meter per day reduction in freshwater consumption.
• Installation of Reverse Osmosis (RO) system followed by MVR (Mechanical Vapour recompression) system – Capacity 2,000 cubic meter per day.
• Installation of state-of-the-art, DCS-based Biomethanation plant from Hydrothane (Netherland) for High effluent load drains.
• Countercurrent washing in an unbleached section of Pulp mill. Approximate 70% counter-current washing in a bleached section of Pulp mill. Pulp mill unbleached section gland cooling is carried out with ETP treated effluent. Black Liquor generated from Pulp mill is completely incinerated in a chemical Soda Recovery plant and Soda ash is recovered. Targeting zero discharge by December 2024.

Area covered under plantations
Set up a farm forestry department at the mill. Our team along with local bodies of villages are educating and motivating farmers to increase the plantation area.

Water & energy consumption per ton of paper produced
Fresh water consumption 38 cubic meter/ton
Energy consumption 1050 KWH/MT

New developments since 2022-23
Commissioned new wood fiber line (Bleached Hardwood Kraft Pulp) with an annual capacity 1,00,000 Tons in November 2021.

Product launches since 2022-23
After the commissioning of our new wood fiber line in November 2021, we have introduced two new brands in the uncoated woodfree category. The products were designed keeping in view the customer requirement:

• Notebook Segment – Sea White
• Publishing Segment – Perfect Print
• Recently we have introduced a product in pulp category tableware segment:
• Eco Liv (White)
• Eco Liv (Gold)

Exports markets
Export 10% of total volume, export to Sri Lanka, Middle East countries, Nigeria, Ethiopia, Canada.

Future plans
The company has recently ordered a new specialty fine paper machine, PM3 from Valmet. It will be a state of the art machinery with some latest technology being put in place. This PM3 with around 1,30,000 TPA capacity is expected to start in Dec/Jan 2025.

Raw material base
Wood and Agro Residue

Orient Paper & Industries Limited
Paper with Purpose

Year of establishment:	1936
Head office:	Kolkata, West Bengal
Registered office:	Bhubaneswar, Odisha
Mill location:	Amlai, Madhya Pradesh
Branch location:	New Delhi
Number of employees:	1,315 approximately
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 1,00,000 TPA 2022-23: 1,00,000 TPA
Actual Production:	2021-22: 71,248 MT 2022-23: 79,933 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 585.65 2022-23: INR 942.95
b) EBITDA	2021-22: (INR 7.73) 2022-23: INR 191.1
c) Net Worth	2022-23: 1,515.48
d) Growth Rate (Turnover)	61%

CSR activities with regards to environment, society & employee welfare
Activities under comprehensive wellness

• Heartfulness sessions: 500+
• Nasha Mukti campaign: 20
• Diabetes, Hypertension, Thyroid Screening: 8
• Diabetes & Hypertension screening: 5
• Height vertigo test & screening: 1
• Snake bite prevention awareness: 1
• Precaution dose vaccination (COVID 19): 1
• Gastro-enterologist consultation: 1
• 3723 patients treated across 30 villages
• 38 total wellness programs conducted
• 40 meditation camps across 12 villages
• 5,165 souls have started their inner journey

Area covered under plantations
6,395 acres

Water & energy consumption per ton of paper produced
Water 48.4 m3
Energy 8.218 Mcal

New developments since 2022-23
Announced plans for Modernisation and Capacity Debottlenecking of operations with a capex of INR 475 Crores

Product launches since 2022-23
Developments of new value added products like Cupstock

Exports markets
Exports in MEA and SAARC region

Future plans
Grow as a Niche Integrated Speciality paper manufacturing company offering solutions for Health and Hygiene, Plastic substitution and Education.

Raw material base
100% Wood based

Silverton Pulp & Papers Private Limited
Creating Paper to your Needs

Year of establishment:	1995
Headquarter:	Muzaffarnagar, Uttar Pradesh
Mill location:	Muzaffarnagar, Uttar Pradesh
Branch location:	New Delhi, Raipur
Number of employees:	805
Paper & Paper Board Manufacturing Data	
Production Capacity:
Kraft Division	2021-22: 72,000 TPA 2022-23: 72,000 TPA
Writing Division	2021-22: 1,08,000 TPA 2022-23: 1,08,000 TPA
Actual Production:
Kraft Division	2021-22: 67,146 MT 2022-23: 69,461 MT
Writing Division	2021-22: 67,027 MT 2022-23: 70,397 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 618.65 2022-23: INR 866
b) EBITDA	2021-22: INR 73.44 2022-23: INR 127.79
c) Net Worth	2021-22: INR 176.06 2022-23: INR 244.22
d) Growth Rate (Turnover)	40%

CSR activities with regards to environment, society & employee welfare
CSR project /activity identified- in Education Sector:
Amount to be spent in financial year INR 88,50,616
Amount spent in financial year INR 93,64,000

Exports markets
During 2022-23, the company exported 2.06% of its turnover, amounting INR 17.84 Crores to Nepal. Apart from this, exports amounting INR 28.19 Crores (3.26% of turnover) were made to England, France, Sweden, Montenegro, Sri Lanka, UAE, Turkey, South Korea, Austria, Hungary & Togo.

Raw material base
Waste paper (Indian & Imported Both)
Pulp (Indian & Imported Both)
Most of the consumed raw material is waste paper & during 2022-23, around 97% was consumed.

Shreyans Industries Limited
Paper is our Passion

Year of establishment:	1979
Headquarter:	Ludhiana, Punjab
Mill location:	Unit 1: Shreyans Papers, Ahmedgarh, Punjab Unit 2: Shree Rishabh Papers, S.B.S. Nagar, Punjab
Branch location:	New Delhi
Number of employees:	1,355
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 94,000 TPA 2022-23: 94,000 TPA
Actual Production:	2021-22: 92,999 MT 2022-23: 92,996 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 584.43 2022-23: INR 865.53
b) EBITDA	2021-22: INR 30.24 2022-23: INR 112.26
c) Net Worth	2021-22: INR 231.85 2022-23: INR 301.89
d) Growth Rate (Turnover)	48%

CSR activities with regards to environment, society & employee welfare
In the year 2022-2023, the focus of the company surrounds skill development in women, providing access to better health care and education. The company has incurred an expenditure of INR 45.33 lakhs spread out under varied initiatives, out of which 49% is on promoting women’s education and literacy, 40% is towards providing medical aid and care, and the balance on the redevelopment of surrounding areas. As the company believes strongly in education being the means to a better living for people and thereby adding to the nation’s development, major CSR expenditure has been towards increasing literacy.
The company’s CSR initiatives include sponsoring the education expenses for girls at Guru Jagtar Singh Model High School, renovation of the wing for disabled students at the National Skill Training Institute in Ludhiana, distributing books and notebooks to needy students, free eye checkups and surgery camps, organizing the city’s largest blood donation. Apart from these, the company runs an eye hospital in association with the local welfare organization, which has now expanded its care to a physiotherapy ward.

New developments since 2022-23

• New rewinder commissioned at Shreyans Papers Unit.
• In addition to this, small capital expenditure towards balancing facilities to improve operational efficiency and essential sustenance capital projects undertaken on a year-to-year basis.

Future plans

• Capital expenditure has been planned which will help the company in improving its operations in terms of quality and operating parameters along with cost-effectiveness.
• New product development in paper and up-gradation of technology in existing products.
• Upgradation and automation in various areas of plant and machinery is continuously carried out.

*Information compiled from Annual Report

Ruchira Papers Limited
Committed to the Earth

Year of establishment:	1980
Headquarter:	Kala Amb, Himachal Pradesh
Mill location:	Kala Amb, Himachal Pradesh
Number of employees:	1,025
Paper & Paper Board Manufacturing Data	
Actual Production:
Writing & Printing Paper	2021-22: 52,853 MT 2022-23: 57,603 MT
Kraft Paper	2021-22: 87,835 MT 2022-23: 89,155 MT
Total	2021-22: 1,40,688 MT 2022-23: 1,46,758 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 612.86 2022-23: INR 802.70
b) EBITDA	2021-22: INR 63.65 2022-23: INR 109.19
c) Net Worth	2021-22: INR 309.59 2022-23: INR 380.48
d) Growth Rate (Turnover)	31%

CSR activities with regards to environment, society & employee welfare
Amount spent on CSR activities during 2022-23 was INR 65,98,872. Details of CSR amount spent against other than ongoing projects for the financial year:

• Facilitating the installation of doors and windows at Jattan Wala School and other educational activities in Kala Amb, Himachal Pradesh.
• Making a significant contribution to the LMD Educational and Research Trust in Dehradun, Uttarakhand, aimed at promoting education.
• Facilitating the payment of electricity bills and repairs for the streetlights installed at Rampur Jattan Road, Kala Amb, Himachal Pradesh.
• Making a corporate social responsibility (CSR) contribution towards the activities listed under Schedule VII of the Companies Act, 2013, to Rotary Foundation India located in New Delhi.
• Making a significant contribution towards the welfare of cows through animal welfare initiatives
• Facilitating a notable contribution towards the promotion of healthcare activities in Yamunanagar through Rotary Yamuna Nagar Charitable Society
• Facilitating the provision of an ambulance as part of the company’s Corporate Social Responsibility (CSR) initiative to the Superintendent of Police, Railway, Yamuna Nagar, with the aim of improving the health and well-being of the communities in and around Yamuna Nagar.

New developments since 2022-23
During 2022-23, the company expanded its presence in the writing and printing segment by expanding, marketing and stabilizing three new products – ‘Leher’ and ‘Neer’, a type of cup stock paper to manufacture disposable cups, and ‘Mogra’, a premium paper variety crafted for wedding cards, Invitations and announcements. These additions to the company’s product portfolio are expected to address unique market needs.

Product launches since 2022-23

• Leher
• Neer
• Mogra

Raw material base
The Company utilizes renewable agricultural resources that sustain livelihood for hundreds of farmers and contributes to their economic well-being. The raw materials used in the production of writing and printing paper include wheat straw, bagasse, sarkanda and various fillers besides some part of imported wood pulp (FSC Certified) as per requirement of finished goods. The manufacturing of kraft paper involves the consumption of resources such as bagasse, wheat straw, sarkanda and waste paper, which are sourced both from indigenous supplies and imported waste paper based on the desired characteristics of the finished product.

Pudumjee Paper Products Limited
Specialty Papers for Sustainable Packaging

Year of establishment:	1964
Headquarter:	Thergaon, Pune, Maharashtra
Mill location:	Thergaon, Pune, Maharashtra
Number of employees:	600
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 72,000 TPA 2022-23: 72,000 TPA
Actual Production:	2021-22: 50,400 MT 2022-23: 57,600 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 555.26 2022-23: INR 758.68
b) EBITDA	2021-22: INR 75.76 2022-23: INR 94.80
c) Net Worth	2021-22: INR 342 2022-23: INR 397
d) Growth Rate (Turnover)	36.63%

CSR activities with regards to environment, society & employee welfare
Total amount spent on CSR Activities during the financial activities was INR 88 lakhs.

• Dharti Amrit
• Eradicating Hunger, Poverty and Malnutrition
• Animal Welfare
• Ensuring Environmental Sustainability
• Promoting Education
• Protection of National Heritage, Art and Culture

Area covered under plantations
30% of total area of the mill is covered under plantation

Water & energy consumption per ton of paper produced

• The Company uses about 17% to 20% of power from green energy under Open Access.
• Procured 5307 MVAh power from Wind Power equivalent to 7.27% of total power requirement.
• Drawing 8252 MVAh power from Solar Power Plant equivalent to 11.31% of total power requirement.
• Generated 2595 MVAh power from Cogeneration power (self) equivalent to 3.55% of total power requirement.

New developments since 2022-23
Expenditure incurred on Research and Development during the year was INR 61.91 lakhs.

• Electrostatic precipitator operation was strengthened by installing additional three phase transformer and making three fields independent.
• Hydraulic System’s shell and tube heat exchangers were replaced by Plate heat exchangers at Machines.
• Replacement of obsolete mentor II drive modules of rewinder 2 by mentor MP.
• Installation of Radar level transmitter.

Product launches since 2022-23
The Company added certain more specialties in food grade papers, flexible packaging papers, barrier papers, printing paper, etc., to its range of offerings.

Exports markets
The Company’s products are sold on a B2B basis throughout the country either directly to customers or through a network of dealers with some export to nearby countries and Europe.

Future plans

• Continuous strengthening of in-house R&D setup, products innovation and enhancing value addition.
• Build stronger ties with the users and prospective customers. Standardizing products specification.
• Identify market opportunities for growth.
• Continuous emphasis on cost reduction with ability to design product mix, optimizing input costs, maintain quality and improve margins.
• Continuous upgradation of product portfolio to have more and more value added products and always remain leader in the market.
• Deepening relation of manufacturing facilities with technology upgradation and expanded capacity.
• The company is planning to procure more solar power and old wind power plants.

Raw material base
The Company fulfills its fibre requirements by purchasing primarily imported pulp and waste paper.

*Information compiled from Annual Report

Star Paper Mills Limited
Aiming High

Year of establishment:	1937-38
Headquarter Registered Office: Corporate Office:	Kolkata, West Bengal New Delhi
Mill location:	Saharanpur, Uttar Pradesh
Number of employees:	600
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 75,000 TPA 2022-23: 75,000 TPA
Actual Production:	2021-22: 56,795 MT 2022-23: 67,000 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 348.57 2022-23: INR 514.40
b) EBITDA	2021-22: INR 50.03 2022-23: INR 101.43
c) Net Worth	2021-22: INR 534.81 2022-23: INR 594.42
d) Growth Rate (Turnover)	47.7%

CSR activities with regards to environment, society & employee welfare
Empowering women entrepreneurs through:

• Organizing the vocational training programs like running Beauty parlour and Tailoring.
• Distribution of free sewing machines and parlour kit to women.
• Introduced Digital Learning Centres for new age skill training of women.

Developing and strengthening rural areas by promoting rural development campaign like:

• Installation of solar lights
• Installation of handpumps and renovation of ponds etc.
• Providing Bus shelter and traffic booth
• Distributed Tri-cycles to the differently abled

Promoting and Encouraging healthy and hygienic habits in surroundings by:

• Heart and eye check up camps, distribution of Sanitary pads to the females and distribution of Immunity booster medicines etc.
• Run the awareness campaign to say No to Alcohol and Tobacco.

Supporting in education for economic weaker/meritorious students like:

• Distribution of school bags, notebooks in the schools.
• We are supporting through the scholarship for economic weaker and meritorious students also through the Skill development/apprenticeship programme.

Supporting to the Society through the initiatives like:

• Installation of Water Cooler in the nearby area.
• Also, construction of Rain Basera in nearby areas.

Sustainable Social Farm Forestry:

• Providing marketing assistance and linkages.
• Increasing employment through social farm forestry.
• Providing seed and sapling support.
• Natural resource and forest management through social farm forestry.

Area covered under plantations

FY 2021-22	FY 2022-23
13,642 Hectare	13,805 Hectare

Water & energy consumption per ton of paper produced

	FY 2021-22	FY 2021-22
Power	1331 Kwh	1377 Kwh

New developments since 2022-23
We have developed new varieties of

• High Strength Packaging paper
• New shades of color paper
• Straw Paper

Product launches since 2022-23

• Masking paper
• MG Poster Dyna
• Star Aqualaid
• MG Poster Fuchsia
• MG Kraft Emerald
• MG Kraft Terra

Exports markets
Oman, Bahrain, Dubai, Sri Lanka, Saudi Arabia, Russia, Bangladesh, Panama etc.

Future plans

• Enhancement of Clonal Multiplication Facility
• Modernisation cum expansion of Paper Mill

Raw material base

	FY 2021-22	FY 2022-23
Wood	99.76%	99.64%

Dev Priya Products Private Limited

Year of establishment:	1996
Headquarter:	Meerut, Uttar Pradesh
Mill location:	Meerut, Uttar Pradesh
Number of employees:	650
Paper & Paper Board Manufacturing Data	
Production Capacity:
Kraft Paper	2022-23: 66,000 TPA
Duplex Board	2022-23: 1,00,000 TPA
Total	2021-22: 1,60,000 TPA 2022-23: 1,66,000 TPA
Actual Production:
Kraft Paper	2021-22: 50,403 MT 2022-23: 51,280 MT
Duplex Board	2021-22: 93,155 MT 2022-23: 95,023 MT
Total	2021-22: 1,43,558 MT 2022-23: 1,46,303 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 682.06 2022-23: INR 736.50
b) EBITDA	2021-22: INR 77.46 2022-23: INR 43.38
c) Net Worth	2021-22: INR 259.78 2022-23: INR 286.86
d) Growth Rate (Turnover)	7.4%

Water & energy consumption per ton of paper produced
Water 7.3 M3
Energy 395 Unit

Raw material base
Waste Paper

Genus Paper & Boards Limited
Energizing Lives

Year of establishment:	1996
Headquarter Registered Office: Corporate Office:	Moradabad, Uttar Pradesh New Delhi
Mill location:	Unit 1: Moradabad, Uttar Pradesh Unit 2: Muzaffarnagar, Uttar Pradesh
Number of employees:	1,054
Paper & Paper Board Manufacturing Data	
Production Capacity:	2022-23: 4,50,000 TPA
Financial Data (in Crores):	
a) Turnover	2021-22: INR 439.89 2022-23: INR 655.12
b) EBITDA	2021-22: INR 22.26 2022-23: INR 24.26
c) Net Worth	2022-23: INR 481.46
d) Growth Rate (Turnover)	49%

CSR activities with regards to environment, society & employee welfare
Genus vision is “SERVING SOCIETY THROUGH INDUSTRY.” Genus is committed towards people and society at large for bringing positive changes to the lives of mankind. The activities or programs proposed to be undertaken by the Company as a part of its CSR policy include:

• Eradicating hunger and poverty and malnutrition;
• Promoting health care including preventive health care and sanitation;
• Promotion of education;
• Promoting gender equality and empowering women;
• Training to promote rural sports;
• Ensuring environmental sustainability;
• Employment enhancing vocational skills;
• Rural development projects;
• Slum area development etc.

New developments since 2022-23
The company’s Muzaffarnagar unit has manufacturing facilities for production of Kraft Paper and Duplex Board (comprising two Kraft Paper machine lines and one Duplex Board machine line). The Duplex Board Machine line had started commercial production in the month of March, 2022 and rest of the lines have become operational during current FY 2022-23.

Raw material base
Waste Paper

*Information compiled from Annual Report

Pakka Limited
Packaging with a Soul

Year of establishment:	1981
Headquarter:	Ayodhya, Uttar Pradesh
Mill location:	1 production facility in Ayodhya 1 production facility is being constructed in Guatemala
Number of employees:	429
Paper & Paper Board Manufacturing Data	
Production Capacity:
Paper	2022-23: 39,100 TPA
Pulp	2022-23: 130 TPD
Actual Production:
Paper	2021-22: 39,139 MT 2022-23: 39,768 MT
Pulp	2021-22: 8,872 Tons 2022-23: 10,134 Tons
Moulded Tableware	2021-22: 1,630 Tons 2022-23: 2,018 Tons
Financial Data (in Crores):	
a) Turnover	2021-22: INR 291.09 2022-23: INR 408.31
b) EBITDA	2021-22: INR 71.86 2022-23: INR 93.89
c) Growth Rate (Turnover)	40.3%

CSR activities with regards to environment, society & employee welfare

• Education: Our Krishna Niketan program aims to strengthen pre-primary education in communities and help students transition into secondary education through our hub and spoke approach. We build ecological sensitivity from the age of three, with academics and 21st-century skills following thereafter.
• Employment: The Company established Pakka Skills, a technical institution to build skills in the compostable packaging industry. In three years, our aim is to become a Global Center of Excellence for the compostable packing industry.
• Women’s development: Under the programme Sarathi the Company builds vocational skills in rural women for sustainable livelihoods. The Company provides end–to–end support including market linkages, making it possible for them to earn INR 75000 – 100,000 annually.
• Ecology: The Company adopted six ponds around its factory for rejuvenating and developing peripheral areas to create livelihood opportunities.

Area covered under plantations
In Ayodhya, Pakka has created a Miyawaki mini-forest of 5,000+ saplings of around 30 different species and shrubs, in an area of around 2,600 sq. m. near Pakka Skills.

Water & energy consumption per ton of paper produced

	FY 2021-22	FY 2022-23
Ground water consumption	34.26 KL/MT	36.16 KL/MT
Power consumption	1078 kW/Ton	1036 kW/Ton

New developments since 2022-23

• Pakka is working on setting up a new production facility in Guatemala, which will be the first overseas facility for the company.
• Simultaneously, the company is also undergoing an expansion program in its Ayodhya plant under Program Jagriti. This entails setting up a new paper machine – PM4 as well as a new power plant. The capacity of existing paper machine as well as pulp mill is also being enhanced.
• Pakka, which has been listed on BSE for over 3 decades, is now listed on NSE as well.

Product launches since 2022-23
Compostable flexible packaging – currently being used in primary packaging of chocolate. Customer name: Brawny Bear.

Exports markets
The Company reported a 5 percent volume export growth from the previous year. Exports grew 44 percent in FY 2022-23 by value. The list of countries we export to are U.A.E, Kuwait, Greece, Sri Lanka, Turkey, Jordan, Saudi Arabia, Bahrain, Canada, Portugal, Iraq, Georgia, Ghana, Hungary, Qatar, Czech Republic, Libya, Indonesia, Nepal, Vietnam, Malaysia, Australia, Rwanda, Kenya, Singapore, Oman, Mauritius, New Zealand, Spain, Lebanon, Romania, Philippines and Iran.

Future plans
Expansion plan in Ayodhya and setting up of a new factory in Guatemala is in progress.

Raw material base
Bagasse

Dev Priya Industries Limited

Year of establishment:	1990
Headquarter:	Delhi
Mill location:	Meerut, Uttar Pradesh
Number of employees:	340
Paper & Paper Board Manufacturing Data	
Production Capacity:	2021-22: 2,00,000 TPA 2022-23: 2,00,000 TPA
Actual Production:	2021-22: 1,26,734 MT 2022-23: 1,46,030 MT
Financial Data (in Crores):	
a) Turnover	2021-22: INR 471.76 2022-23: INR 516.03
b) EBITDA	2021-22: INR 20.67 2022-23: INR 5.46
c) Net Worth	2021-22: INR 97.08 2022-23: INR 88.36
d) Growth Rate (Turnover)	9.38%

CSR activities with regards to environment, society & employee welfare
Amount spent on CSR Activities was INR 30,43,000

Area covered under plantations
4,43,663 Sqft. (i.e. 41,232.62 Sqm)

Water & energy consumption per ton of paper produced

Water	1 – 1.5 KL
Energy	392.55 units

Raw material base
Waste Paper 100%