Indian paper industry profits forecast to surge to 16-20% due to favorable market conditions.

A report by BOBCAPS predicts the Indian paper industry's profit margins will rise to 16-20% over the next 4-6 quarters. This improvement is due to high domestic operating rates, expected price hikes following low global pulp prices in December 2024, and a weaker rupee. The industry also faces consolidation among key players and a shift in market dynamics.