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India's paper imports rise to 4.0 million tonnes
Last Updated: 15-Jan-2018
India's paper imports have risen to 4.0 million tonnes in the year 2016-17. In value terms it has risen to 11.8% annually over the last 6 years. The impact is due to larger Free Trade Agreements India has signed with ASEAN and South Korea. Import duties on all tariff lines under paper and paper board were reduced gradually and from January 1, 2014, it was zero duty. From January 1, 2018 it was zero duty for imports from South Korea too based on the FTA with that country.