Presenters at the 2017 Paper & Plastics Recycling Conference Europe event, held in Warsaw in early November, helped portray the emergence of India and the ASEAN (Association of Southeast Asian Nations) region as important destinations for Europe’s scrap materials.
Hrishikesh Vora of Mumbai-based Victory Creations and Paperworks, said capital is being invested in new and upgraded paper mills in India, and that the nation is about to experience “an unprecedented demand for scrap paper.”
He said the “Amazon effect” of increased boxes being shipped to individual homes has expanded to India, where Amazon “has become a household name,” according to Vora. Growth in that sector is spurred in part by India’s demographics, as a nation where 50 percent of the population is 25 or younger.
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