Wednesday, December 02, 2009

Will India Be Next to Build a Paper Industry?

China, with 1.33billion people, has a growing appetite for consumer products and boxes to ship them in – but with India’s 1.18billion population growing more and more sophisticated – will they be the next country to build paper mills? India continues to be one of the poorest countries in Asia and has focused on the service industry, but data illustrates containerboard demand has only grown to 2.6million tons (versus China’s demand of 30.5million tons). India certainly is a country to watch for as the population becomes more industries and wealthy.

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