Ambitious.Asian
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New Delhi/ Chandigarh May 04, 2012, 00:51 IST
In a historic move, a consignment of newsprint was sent to the neighbouring country of Pakistan for the first time ever via the Attari-Wagah land route after Islamabad allowed its import from India in March this year.
Creating history, Amritsar-based Khanna Paper Mills Ltd, one of the top ten paper manufacturers in India, has exported its first consignment of 10 mt of newsprint to Pakistan via road route of newly constructed Integrated Check Post at Attari (Amritsar).
Speaking to Business Standard, Khanna Paper Mills director, Suneet Kochhar said, We have sent the first consignment of newsprint weighing 10 mt to Pakistan via Attari-Wagah land route for The Dawn and Jung Group newspapers. The landed cost of the consignment would be Rs 32,000 per mt. The first consignment was on a trial basis and we are expecting significant orders for the newsprint from our neighbouring country.
He said Pakistan doesnt produce newsprint domestically and the publishers are dependent on other countries. Overall, there is a demand of 5,000 mt of newsprint every month, so we see huge potential. With an installed capacity of 300 mt of newsprint per day, we are hopeful to meet their expectations.
According to Suneet, a newspaper which costs Rs 28 per copy in Pakistan will get its taste of cheaper options by using the newsprint made by Amritsar-based Khanna Paper Mills, only 60 km away from them.
Suneet Kochhar said, This is for the first time in history that newsprint will be exported from India to Pakistan, as earlier it did not figure in the positive list for trade between the two nations. Earlier, Khanna Paper Mill had been indirectly exporting its paper and board to Pakistan via Dubai. He has been reiterating that while importing from India, Pakistan will get international products at lower logistics cost at the same time, with better margins to industry, ICP, Attari will generate more revenues for the Indian economy too.
Last month, Pakistan had notified its negative list for India, which means barring 1,209 items, India can now export all products to the neighbouring country. However, instead of the 2,000 items, which were allowed earlier under the positive list, the Pakistan government, while switching over to negative list regime with India, has allowed import of 137 items from India through the Attari-Wagah land route.
According to analysts, the Pakistan government decision to switch over to negative list regime with India for trade in March this year and allowing import of 137 items through Attari land route which includes Newsprint,sheets etc. will benefit paper manufacturers in Northern region.
Currently, with installed capacity of 1200 tonnes per day, his company Khanna Paper Mills Ltd. manufacturer of duplex board, newsprint and writing & printing paper in India, is the largest single location plant in India using recyclable paper waste in the country. Currently, it produces 300 MT of newsprint per day.
India exports 10 mt newsprint to Pakistan through Attari-Wagah route
Good gesture towards traditional Rival....
In a historic move, a consignment of newsprint was sent to the neighbouring country of Pakistan for the first time ever via the Attari-Wagah land route after Islamabad allowed its import from India in March this year.
Creating history, Amritsar-based Khanna Paper Mills Ltd, one of the top ten paper manufacturers in India, has exported its first consignment of 10 mt of newsprint to Pakistan via road route of newly constructed Integrated Check Post at Attari (Amritsar).
Speaking to Business Standard, Khanna Paper Mills director, Suneet Kochhar said, We have sent the first consignment of newsprint weighing 10 mt to Pakistan via Attari-Wagah land route for The Dawn and Jung Group newspapers. The landed cost of the consignment would be Rs 32,000 per mt. The first consignment was on a trial basis and we are expecting significant orders for the newsprint from our neighbouring country.
He said Pakistan doesnt produce newsprint domestically and the publishers are dependent on other countries. Overall, there is a demand of 5,000 mt of newsprint every month, so we see huge potential. With an installed capacity of 300 mt of newsprint per day, we are hopeful to meet their expectations.
According to Suneet, a newspaper which costs Rs 28 per copy in Pakistan will get its taste of cheaper options by using the newsprint made by Amritsar-based Khanna Paper Mills, only 60 km away from them.
Suneet Kochhar said, This is for the first time in history that newsprint will be exported from India to Pakistan, as earlier it did not figure in the positive list for trade between the two nations. Earlier, Khanna Paper Mill had been indirectly exporting its paper and board to Pakistan via Dubai. He has been reiterating that while importing from India, Pakistan will get international products at lower logistics cost at the same time, with better margins to industry, ICP, Attari will generate more revenues for the Indian economy too.
Last month, Pakistan had notified its negative list for India, which means barring 1,209 items, India can now export all products to the neighbouring country. However, instead of the 2,000 items, which were allowed earlier under the positive list, the Pakistan government, while switching over to negative list regime with India, has allowed import of 137 items from India through the Attari-Wagah land route.
According to analysts, the Pakistan government decision to switch over to negative list regime with India for trade in March this year and allowing import of 137 items through Attari land route which includes Newsprint,sheets etc. will benefit paper manufacturers in Northern region.
Currently, with installed capacity of 1200 tonnes per day, his company Khanna Paper Mills Ltd. manufacturer of duplex board, newsprint and writing & printing paper in India, is the largest single location plant in India using recyclable paper waste in the country. Currently, it produces 300 MT of newsprint per day.
India exports 10 mt newsprint to Pakistan through Attari-Wagah route
Good gesture towards traditional Rival....
