As you dive into the world of paper manufacturing, it’s impossible to overlook India’s significant contribution. This vast country is home to some of the most successful and influential paper manufacturers globally, reflecting its position as a significant player in the industry.
You’re likely familiar with many of these names – they’re responsible for many of the high-quality paper-filling offices, schools, and homes worldwide. Let’s shine a spotlight on India’s Top 10 Paper Manufacturing Companies, those leading the pack in this competitive sector.
From producing everyday household items to supplying raw materials for various industries, including printing, packaging, and labelling – these companies have mastered their craft while contributing significantly to India’s economy. They’ve also navigated environmental concerns by adopting sustainable practices, ensuring future generations will continue to benefit from their work. So buckle up – we’re about to take you through a list that will enlighten your understanding of this crucial industry.
Paper Manufacturing Industry in India
- The paper manufacturing industry in India is a significant producer of paper globally but is not among the top 10 producers. The industry has adopted new manufacturing technologies in recent years.
- The Indian paper industry has grown tremendously, with production increasing from 20.37 million tonnes in 2017-2018 to 25 million tonnes in 2019-2020.
- The industry accounts for about 1.6% of the world’s paper and paperboard production. India’s paper industry is primarily agro-based, with 40% of total paper production coming from hardwood and bamboo fibre, 30% from agro-waste, and the remaining 30% from recycled materials. The per capita consumption of paper in India is 15 kg, which is significantly lower than the global average of 57 kg. The use of agro-waste in paper manufacturing highlights the industry’s synergy with sectors like sugar manufacturing companies in India, where sugarcane residue is a critical raw material.
- The industry is fragmented, with small, medium, and large paper mills producing between 5 and 2000 tonnes daily. There are more than 900 paper units in India, with an installed capacity of nearly 30.73 million tonnes. As of March 2023, around 553 mills are operational, with a total operating capacity of around 25.61 million tonnes.
- India’s paper consumption is expected to grow 6 to 7% annually, reaching 30 million tonnes by FY 2026-27. This growth is driven by an emphasis on education and literacy, growth in organized retail, and demand for better quality paper.
- The Indian paper and paperboard packaging market size is expected to grow from USD 12.07 billion in 2023 to USD 16.64 billion by 2028, at a CAGR of 6.63% during the forecast period (2023-2028). The packaging industry in India is the 5th largest sector of the Indian economy.
List of Paper Manufacturing Companies
Here are the top paper manufacturing companies in India:
- Tamilnadu Newsprint & Papers Ltd.
- Ballarpur Industries Ltd. (Avantha)
- Andhra Paper Ltd.
- JK Paper Ltd.
- Seshasayee Paper & Boards Ltd.
- West Coast Paper Mills Ltd. (SKB)
- Kushal Ltd.
- Emami Paper Mills Ltd.
- Kuantum Papers Ltd.
- Satia Industries Ltd.
The growth in paper production is paralleled by advancements in other industries, such as the packaging companies in India, which rely heavily on paper products.
1. Tamilnadu Newsprint and Papers Ltd.
Let’s delve into the world of Tamil Nadu Newsprint and Papers Ltd (TNPL), a leading player in India’s paper manufacturing industry. TNPL prides itself on producing high-quality newsprint, printing, and writing paper using bagasse, a sugarcane residue. With its headquarters nestled in Chennai, Tamil Nadu, it’s firmly rooted at the heart of India’s bustling economic landscape.
TNPL is not just about impressive products; it also boasts an equally remarkable financial performance. As of March 2023, we’re talking net sales sitting pretty at ₹1,427.29 crores (around $190 million). Fast forward to 2020, and this figure skyrocketed to reach revenues of ₹39.58 billion (nearly $500 million).
This lucrative venture isn’t a one-man show, though! It relies on a dedicated workforce that numbered 2,567 employees as of 2020.
When you explore TNPL’s product portfolio, you’ll discover a wide range of offerings. From multi-colour printing paper to hardbound notebooks and copier papers – they’ve got your needs covered! They even dabble in cement production and power generation via turbo generators and windmills.
So, who benefits from TNPL’s versatile products? Their clients span various industries, including healthcare, pharmaceuticals, cosmetics, and food sectors, where their packaging boards are indispensable.
With achievements under its belt, such as clinching the 1st position in the 17th National Award for Excellence in Cost Management, TNPL proves its mettle beyond doubt. Plus, throw in accolades such as the IPMA Environment Award for 2019-20 and the Most Innovative Environment Project Award, making them stand out from the crowd!
The foundation stone for this success story was laid by the Government of Tamil Nadu itself back in 1979 with an aim to produce newsprints and write papers using bagasse. The factory operates from Kagithapuram in Tamil Nadu, adding another feather to this state’s industrial cap.
2. Ballarpur Industries Ltd. (Avantha)
Ballarpur Industries Ltd (BILT), an integral part of the Avantha Group, is a well-established player in India’s paper manufacturing industry. This company, with roots dating back to 1945, was founded by Lala Karamchand Thapar and once upon a time held the title of India’s largest manufacturer of writing and printing paper.
Let’s dive into some essential data about this influential company:
| Key Facts | Details |
|---|---|
| Revenue (2019) | INR 100-500 crore ($13-67 million) |
| Revenue (2020) | Writing/printing paper, industrial/speciality paper |
| Employees | Over 25,000 globally via Avantha Group |
| Main Products | Writing/printing paper, industrial/specialty paper |
| Headquarters | Gurgaon, Haryana, India |
Having started out as Ballarpur Paper and Straw Board Mills in 1945, it merged with Shree Gopal Mills in 1969 and underwent a rebranding exercise to become Ballarpur Industries in 1975.
Renowned for its wide array of products, which include writing and printing paper, industrial paper, and specialty papers, Ballapur has managed to carve out significant market shares across various segments. It currently commands an impressive 85% share within the bond paper market along with nearly half – 45% share, within the hi-bright Maplitho market domestically.
Besides having a stronghold on these markets locally, it’s worth noting that BILT also enjoys international recognition for their excellence in manufacturing standards. The company has been featured among the top 100 pulp and paper companies worldwide, earning accolades such as the Indian Manufacturing Excellence Award and Safety Innovation Award, both bagged in 2006.
While Premier Tissues India Limited stands out as one of its subsidiaries, what sets Ballarpur apart is not just its expansive product range or global presence but also its unwavering commitment towards maintaining top-notch quality standards over decades – A feat duly recognised by multiple awards.
3. Andhra Paper Ltd.
Diving right into the world of paper manufacturing, you’ll find Andhra Paper Ltd standing tall among India’s top players. This integrated pulp and paper giant has satisfied both foreign and domestic markets with its superior quality writing, printing, and copier papers since 1964.
Here’s a snapshot of their impressive financials:
| Metrics | Value |
|---|---|
| Revenue from Operations (Mar 2023) | ₹2,083 crore ($277 million approx.) |
| Consolidated Net Profit (Q1FY24) | ₹119 crore ($15.8 million approx.) |
These figures reflect a whopping 40% increase in net profit compared to the same quarter in the preceding year.
You’ll also be interested to know that Andhra Paper isn’t just about profits; they’re equally invested in people. In fact, around 2,500 individuals make up the company’s dedicated workforce.
Producing top-notch writing, printing and copier papers is what they do best! Their production facilities located at Rajahmundry and Kadiyam boast a combined production capacity of a staggering 240,000 TPA – quite something for an industry where demand is ever-increasing!
While they’ve got operations spread far and wide, it all comes together at their headquarters nestled in Kolkata, West Bengal.
As we explore their journey so far, it’s clear there have been plenty of highlights along the way. Among them is their ranking as one of India’s leading integrated pulp and paper manufacturers – not an easy feat given the competitive landscape.
Their story began back in 1964 when they were founded as Andhra Pradesh Paper Mills. They later donned the name International Paper APPM Limited before embracing their roots again and returning to Andhra Paper Limited in 2020.
So there you have it – everything you need to know about Andhra Paper Ltd, one of India’s finest contributors to our ever-growing paper needs!
4. JK Paper Ltd.
Diving into the heart of India’s paper industry, you’ll find JK Paper Ltd. This leading paper manufacturing company has produced diverse products since its establishment in 1960. JK Paper caters to a broad spectrum of needs, from office supplies and copier paper to coated printing papers and packaging boards.
When it comes to financial strength, JK Paper doesn’t disappoint. The company reported gross revenue from operations at an impressive ₹6,232.06 crore (approximately $827 million) as of March 2023. Their net profit for Q1FY24 hit a whopping ₹312.6 crore (approximately $41.6 million), marking an 18.3% increase from the same quarter the previous year.
| Financial Year | Gross Revenue | Net Profit |
|---|---|---|
| FY23 | ₹6,232 crore | – |
| Q1 FY24 | – | ₹312 crore |
With around 2,778 employees on board, JK Paper is not just a business powerhouse; it’s also a significant employer contributing to India’s economy.
The company operates production facilities in two strategic locations: Rayagada in Odisha and Songadh in Gujarat. These sites churn out their core offerings, including:
- Office papers
- Coated papers
- Writing and printing papers
- Packaging boards
Their headquarters are nestled away in New Delhi, India—another testament to their strong Indian roots.
Over the years, JK Paper has accumulated various accolades that set them apart in the industry—they’re one of the largest paper manufacturers in India and command substantial influence within the printing and writing segment.
Lastly, let’s take a brief moment to appreciate their history: Found as part of the JK Organisation, they share lineage with businesses dealing with automotive tyres, cement v-belts oil-seals agri-seeds, pulp & paper industries across India—a legacy indeed!
5. Seshasayee Paper and Boards Ltd.
Dive into the world of Seshasayee Paper & Boards Ltd (SPB), an integral part of India’s paper manufacturing industry. An integrated pulp, paper, and paperboard manufacturer, SPB has etched its name in this sector with a mill operating in Pallipalayam, Erode, Tamil Nadu. It’s been standing strong since its establishment back in 1960 and is a crucial player within the SPB-ESVIN Group.
Let’s delve into some noteworthy facts about SPB:
| Category | Detail |
|---|---|
| Revenue and Profit | Gross revenue from operations as of March 2023: ₹2,051.52 crore<br>Net sales for Q1FY24: ₹426.57 crore (down by 1.01% YoY) |
| Number of Employees | 1,296 |
| Main Products or Services | Manufacturing and selling printing and writing paper |
| Headquarters Location | Pallipalayam, Erode, Tamil Nadu |
You’ll find that environmentally friendly raw materials and technology are at the heart of SPB’s operation. Their range of branded products caters to various consumer segments, ensuring a wide market reach.
Notably established in association with Parsons and Whittemore from the USA back in 1960, the company became self-reliant after their foreign collaborators withdrew after fulfilling their performance guarantee obligations in 1969. Today, SPB stands tall under the leadership of Sri N Gopalaratnam as part of the SPB-ESVIN Group.
In recognition of their accomplishments, let’s not forget that they are not just another participant but a leading integrated pulp, paper and paperboard manufacturer with an impressive presence on India’s industrial stage.
Just as these paper companies innovate in their field, jute manufacturing companies in India are also making strides in creating sustainable and eco-friendly packaging alternatives.
6. West Coast Paper Mills Ltd. (SKB)
Delving into India’s paper manufacturing industry, your attention is inevitably drawn to one of the oldest and most prominent producers in this sector – West Coast Paper Mills Ltd. (WCPM). With its roots established back in 1955, WCPM has been a steady presence in Dandeli, Uttara Kannada district, Karnataka.
The company’s performance speaks volumes about its prominence in the market. According to the most recent data available, WCPM’s revenue reaches $0.57 billion with a net profit of INR 3,459 million for the financial year 2021-22.
| Revenue | Net Profit | |
|---|---|---|
| WCPM | $0.57bn | INR 3,459m |
With a committed workforce of 747 employees, WCPM ensures quality production and service across various sectors, including printing, writing, publishing, stationary and packaging.
Let’s take a look at some key facts about their products:
- They produce printing & writing paper ranging from 52 to 140 gsm.
- Their products cater to various industries, such as printing, writing and packaging.
WCPM enjoys an extensive client base across different sectors within India and holds significant recognition both nationally and internationally for its premium brand status in the paper industry.
Over time, their market cap has grown significantly, making them globally ranked as the world’s 5952nd most valuable company by market cap with a value of $0.38 billion as of August 2023.
Their commitment towards continuous improvement is evident through their consistent technological upgrades aiming at uniform quality customised products, which include ‘wood-free’ papers and boards showcasing mastery over their ‘wood to paper’ process.
Furthermore, expanding its horizons via subsidiaries like Andhra Pradesh Paper Mills Ltd., West Coast Optical Limited, and Speciality Coating & Laminations has added more diversity to its portfolio, strengthening its position within this competitive market landscape.
7. Kushal Ltd.
Let’s dive into the world of Kushal Ltd., an all-rounder in the paper manufacturing industry and beyond. Founded in 2000, this company initially focused on trading, manufacturing, and supplying paper and paper products. But as you’ll soon discover, they haven’t limited themselves to just that.
Over time, Kushal Ltd. has significantly expanded its product offerings. It now provides a diverse range of goods, including coal, agricultural products, drug APIs, readymade garments, base oils, electronic items & accessories, and steel products. Serving customers both in India and across the globe shows their extensive reach.
Now let’s talk numbers:
| Year | Revenue (₹ Cr) | Net Income (₹ Cr) |
|---|---|---|
| 2021 | 8 | 57 |
Their annual revenue for March 2021 stands at ₹8 Cr, with a net income of ₹57 Cr. With only 53 employees under their wing working tirelessly at their headquarters at GF / Q Mondeal Square in Gujarat’s Ahmedabad city, each member clearly plays a vital role in running this versatile operation smoothly.
Kushal Ltd.’s journey from humble beginnings to becoming one of India’s top paper manufacturers is a testament to its strong leadership and business acumen. Unsurprisingly, they’ve garnered much acclaim along the way, like the Rajiv Gandhi Rashtriya Ekta Samman, Indian Leadership Award for Industrial Development, and even bagging the Fastest Growing Indian Company Excellence Award.
In terms of notable partnerships or projects? There’s plenty, but one worth highlighting is Kushal Projects Nepal, a subsidiary of Kushal Ltd. that successfully commissioned a significant solar project in Nepal.
Indeed it appears that Kushal Ltd.’s diversification strategy doesn’t just stop at products but extends to its subsidiaries, too! This forward-thinking approach, coupled with remarkable achievements, signals nothing but continued success for them moving forward – making them undoubtedly one of India’s leading players within the realm of paper manufacturing and far beyond.
8. Emami Paper Mills Ltd.
If you’re seeking a powerhouse in the Indian paper manufacturing industry, look no further than Emami Paper Mills Ltd. Specialising in newsprint, writing and printing paper, plus multilayer coated board, they’ve carved out a solid reputation for quality and reliability. They’re part of the diverse Emami Group of Industries that has interests sprawled across FMCGs, edible oil, writing instruments, the healthcare sector, retail departmental stores and real estate.
Let’s delve into their financial details: as of March 2023, the quarterly revenue for this company was a whopping INR 532.70 crores. That’s not all – their net income for the fiscal year 2021-22 stood at an impressive INR 1,148 million! And behind these significant figures? A dedicated team of 1,312 employees working tirelessly to keep things running smoothly.
Based in Kolkata in West Bengal, India, you’ll find Emami Paper Mill’s headquarters. From here, they coordinate their production of an array of products, including newsprint and multilayer-coated board, among others.
They have some noteworthy achievements under their belt, too! Did you know they’re the largest manufacturer of newsprint in India? Not only that, but it is also the only manufacturer in Eastern India!
Take a step back to appreciate how far they’ve come. Emami Paper Mills has been making strides since its establishment way back in 1981. Over those decades, it has grown into one of India’s leading paper manufacturers.
Their market presence? Quite substantial indeed! With a market capitalization standing at INR 7.45 billion as of August 2023, it’s safe to say they’re firmly cemented within this industry.
So there you have it – Emami Paper Mills Ltd. is more than just another name on our list; it is rather an influential player within the realm of Indian paper manufacturing companies.
9. Kuantum Papers Ltd.
When considering India’s paper manufacturing landscape, Kuantum Papers Ltd. is a name that stands out. This leading manufacturer prides itself on its high-quality map litho, cream wove, copier, and speciality paper productions.
A crucial part of their business philosophy is ‘Circular Economy’. It’s not just about making quality products but also ensuring they do so responsibly by focusing on recycling, reusing and regenerating resources.
Their financial performance speaks volumes about their success. As of 2023, Kuantum Papers’ revenue (TTM) reaches up to $0.15 billion, with a net income for the financial year 2021-22 standing at INR 1,148 million.
| Financial Year | Revenue | Net Income |
|---|---|---|
| 2023 | $0.15 bn | INR 1148m |
With 1,483 employees contributing to this success story, it’s clear that teamwork and dedication are at the heart of Kuantum Papers operations.
The company is rooted in Chandigarh, India, with a significant manufacturing facility in Saila Khurd District, Hoshiarpur, Punjab. They’ve come a long way since being founded in 1979-80 to utilize wild agro vegetation and agro-residues for writing and printing paper.
This growth isn’t just theoretical – it’s quantifiable! Their initial production capacity was only 30 TPD, which has ballooned to an impressive 450 TPD!
As per August 2023 data, Kuantum Paper holds a market capitalization of INR 1590 crores – proof that they’re not just surviving in this competitive industry but thriving!
In summary,
- Products: High-quality map litho, cream wove copier and speciality papers
- Headquarters: Chandigarh India
- Manufacturing Facility: Saila Khurd District Hoshiarpur, Punjab
- Founded: In the year of 1979-80
- Employees: A healthy count of nearly1.5k
It’s clear why Kuantum Papers Ltd is one of the top players when it comes to Indian paper manufacturing companies.
10. Satia Industries Ltd.
Wrapping up our list of top paper manufacturers in India, we have Satia Industries Ltd. You might not know it, but this company is a leading player in the Indian paper industry. They’ve carved out a successful niche for themselves, producing and supplying an impressive range of writing and printing papers.
| Key Figures | Data |
|---|---|
| Revenue (as of March 2023) | INR 1,883 crores |
| Net Income (FY 2021-22) | INR 192 crores |
| Number of Employees | 1312 |
| Market Capitalization (as of August 2023) | INR 1,139 crores |
Satia’s product portfolio isn’t something to disregard. It includes everything from map litho and coloured paper to ledger, cartridge, duplicating and bond papers. This wide variety certainly plays into their appeal as they cater to various customer needs.
The story behind Satia Industries is equally interesting, too! Founded in 1984 by Dr Ajay Satia as M/s. Satia Paper Mills Ltd. it later changed its name to what we now know as Satia Industries Ltd.
Finally, let’s talk about location: Village Rupana in Muktsar, Punjab, is where this company calls home – that’s where their headquarters are located!
In conclusion, if you’re looking at the paper manufacturing landscape in India from a bird’s-eye view, you’ll see just how pivotal these companies are – Satia Industries being no exception.
Conclusion
In conclusion, the paper manufacturing industry in India has been witnessing significant growth and development in recent years. With over 157 paper-producing divisions across the country, the industry has diversified and specialized in producing various types of paper products.
Overall, the Indian paper manufacturing industry holds immense potential for growth and expansion, provided that it continues to innovate, invest in sustainable practices, and adapt to the changing market demands.
The potential of the paper industry is complemented by the rise of education companies in India, which contributes to the increasing demand for paper products.
I hope this article has helped you to know the top paper manufacturing companies in India.!!!
For readers interested in exploring other sectors, our feature on top 10 glass companies in India offers insights into another crucial industry.
FAQs
What was the first thriving paper industry in India?
The first booming paper industry in India is West Coast Paper Mills Ltd., which was established in the early 20th century. The company is one of the country’s oldest and largest producers of paper for printing, writing, and packaging.
What is the largest paper mill in India?
JK Paper Is Known To Be The Largest Paper Mill In India. They Produce A Wide Array Of Paper Products Catering To Different Needs.
Who is the largest producer of paper in India?
ITC’s Paperboards And Specialty Paper Division Is One Of India’s Largest Producers Of Paper. They Are Known For Producing High-Quality Packaging Boards, Graphic Boards, And Specialty Papers.
Who Is The Largest Paper Supplier In India?
ITC’s Paperboards And Specialty Paper Division Is Not Only One Of The Largest Producers But Also The Largest Supplier Of Paper In The Country.
What Are Some Of The Top Paper Manufacturing Companies In India?
Some Of The Top Paper Manufacturing Companies In India Include JK Paper, Emami Paper Mills Ltd., West Coast Paper Mills Ltd., Seshasayee Paper & Boards Ltd., And Ballarpur Industries Limited.
