Kraft paper prices in India have climbed by 22% to 25% in the past three months, putting fresh financial pressure on manufacturers of corrugated boxes. The increase, which ranges from Rs 7 to Rs 10 per kg depending on the paper grade, has raised production costs for an industry dominated by micro, small and medium enterprises (MSMEs).
The Western India Corrugated Box Manufacturers Association (WICMA) has called for an immediate price revision for corrugated boxes and greater stability in Kraft paper prices. The association represents an industry that includes around 4,000 corrugating units in western India and approximately 25,000 units across the country.
