Enterprise
Paper Tiger
Ballarpur Industries, owned by the Gautam Thapar-run Avantha Group, is one of the largest paper and pulp manufacturers in the country, with an installed capacity of over 1 million tonnes. The company ranks 211 on our list. Production is spread over five factories in Haryana, Maharashtra, Odisha, and Andhra Pradesh. There’s also a factory in Malaysia. Between them, these factories produce 2.6% of the world’s paper. Per capita consumption of paper in India stands at 10 kg, and the industry has been growing at about 8% year on year. For 2013-14, domestic production is estimated to be 11.38 million tonnes. The industry mostly uses wood, bamboo, recycled fibre, wheat straw, and rice husk as raw materials. Ballarpur is one of the few large organised players in an industry otherwise dominated by small and medium players, with installed capacity of some 50,000 tonnes a year.
Also Read
-
Tata Technologies FY24 profit surges 9% at ₹679 cr; revenue grows 16%
-
WhatsApp India bans 2.2 crore accounts in Jan-March
-
Titan Q4 profit rises 5% to ₹771 crore
-
Adani Green Q4 profit drops 39% to ₹310 cr
-
Godrej Properties Q4 profit up 14%; revenue down 13% to ₹1,426 cr