Price hikes will not help Indian paper producers, says Ind-Ra
Published: Thursday, 10 October 2013
Cost pressures from raw materials and rupee depreciation to continue in 2014
paper companies in India may not improve, despite recent
price hikes from producers, India Ratings and Research (Ind-Ra)
has said in its latest industry analysis.
The Indian rating agency added that price increases have
been driven by cost pressures brought on by increased domestic
wood prices. The depreciation...