Financial Daily from THE HINDU group of publications
Wednesday, Apr 03, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Paper, Board & Newsprint


`Newsprint cos have no plans to raise capacity'

Badal Sanyal

KOLKATA, April 2

THE domestic newspaper publishing establishments will continue to be dependent on imported newsprint in the foreseeable future as indigenous newsprint manufacturers have no plans to raise production capacity in the depressed market scenario, according to the Indian Newsprint Manufacturers' Association (INMA).

The INMA President, Mr Raji Philip, told Business Line that the availability of newsprint from domestic manufactures in 2002-03 would be about five lakh tonnes as against an estimated demand of about 10 lakh tonnes. This indicates the publishing sector will have to meet its 50 per cent of the total requirement from imports.

While ruling out the possibility of any price revision by domestic newsprint manufacturers, Mr Philip said that INMA was aware that the newspaper publishing establishments would prefer to use lower grammage newsprint for increased value per tonne.

The newsprint industry thus needs to reinforce its efforts to keep pace with the exponential improvements in printing technology and the trends towards greater decentralisation of printing facilities at multiple locations. The need for better quality newsprint, which can run on high-speed, high-tech printing machines and take sharp resolution four-colour printing had to be met, he suggested.

He said the emerging newsprint availability scenario would not affect the publishing sector as many publishing establishments preferred imported newsprint, while others were still loyal to indigenous newsprint. He felt that the newsprint consumption would not go up substantially even with steady rise in circulation because of the advent of new-look newspapers, away from the staid and stodgy versions.

Mr Philip said, "The age of designer newspapers has begun, much like designer jeans and perhaps even designer genes."

Newspapers in Asia might soon overtake their Western counterparts in adopting the latest technology by making strategic investments in advanced technologies to sustain their competitiveness.

Send this article to Friends by E-Mail

Stories in this Section
Cement majors report rise in March despatches


BoP problem unlikely: Jalan
Revised deficit target `within range'
Business community in Gujarat rues its stars
M.P. CM seeks transfer of Central schemes to States
Tripura's plan size fixed
$ 250-m IBRD credit line to support AP Budget
Mineral water plant in AP leaves the locals high and dry?
Kudremukh National Park project -- Evacuees refuse to fall in line
Govt keen to forge ties with Gulf trade bodies
Karnataka police signs pact with Family Health Plan
Hepatitis B scheme to cover 6 more AP districts
Karnataka: Check on sub-standard mineral water
CPSUs' purchase preference extended
SSI pipe makers' plea on marketing outfit
TN: No higher entry tax on LSHS for power cos
AP: Power supply interrupted
ATMA plea to recall dumping duty
`Exim policy forward-looking'
APCCI chief lauds deregulation
Prime-time toss-up in living rooms
Dole to learn
ICFAI setting up tech institute
Karnataka: Law college for women
Karnataka: Centre for polymer science research
Bajaj Auto sales up 11.7% in 2001
Roof tile industry seeks roll-back of excise duty
CLE sees big gains from Exim policy
`Newsprint cos have no plans to raise capacity'
Paper makers not happy with DEPB rates
Apparel park: A missed opportunity for TN?
IPCL, ONGC close to gas pricing formula
Chennai Engagements
Thiruvananthapuram Engagements
Bangalore Engagements
Hyderabad Engagements


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line