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States » East

Kolkata, Dec 9 (UNI) Hyve India, 100 per cent a subsidiary of Hyve Group Plc, London, Director Sanjeev Batra has said, “Due to the fundamental and technological revolution, 100% paper we produce today is recyclable and biodegradable.”
“Paperex 2019 emphasis the common man to save the environment and how this essential commodity use in our everyday life can reduce Pollution and promote Recycling. In paperex 2019 we have seen maximum traction from trade visitor in this segment.” he said at the just concluded Largest Paper fair Paperex organized at Pragati Maidan in New Delhi.
“We have also observed the interest of the common consumer who wants to learn and experience the new products which are sturdy like plastic and better substitute for the plastic in the food segment. Today, the use of paper is not being considered as an impact on the Environment, while the usage of paper in education is also being re-valued,” Mr Batra said.
It is being appreciated and well accepted by the fact that retention levels are much higher when studied from the paper, instead of the digital medium. Responsible and informed corporates in FMCG, food delivery and Ecommerce companies especially are also putting up best efforts to increase the use of recycling paper and eliminate the use of single-use plastic from their regular packing requirements, he added.
J P Narain, VP, Indian Paper & Manufacturers Association and CEO of Century Paper said, “Paper industry is going through the transformation phase and now the paper industry uses less power and water due to technological changes.”
He said cost of production of recycle paper is at least 30 to 40 per cent cheaper depending upon the location than the recycled plastic. The requirement of better quality packaging products and the demand for other paper products, such as tissue paper, filter paper, tea bags, cardboard etc. are expected to drive the paper & paper products market in India in the coming years.
Interestingly, the center of the paper industry is also shifting towards more eco-friendly goods and technology. There is a big opportunity for Paper industry as single-use plastic market in India is close to Rs 80000 crore ( approx ), Mr Narain said.
Paper industry is ready to take 25 per cent market share of single-use plastic by 2025 if totally banned by the government. Moreover, as the global competitiveness of the paper industry growing. Stable raw material prices along with innovation in new products which are more glossy and strong will influence entrepreneurs to invest more in this 100per cent recyclable future product." The paper industry is also reducing the Pollution by 3R ( Reduce, Reuse and Recycle) Principle., he added.
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