India Extends Minimum Import Price on Multi-Layer Paper Board Until 2026
Government extends minimum import price on Multi-Layer Paper Board till September 30
The Economic Times
Image: The Economic Times
The Indian government has extended the minimum import price (MIP) on virgin multi-layer paper board to September 30, 2026. Initially imposed in August 2025 at ₹67,220 per metric ton, this regulation aims to protect domestic industries by restricting imports below this price.
- 01Minimum Import Price (MIP) extended until September 30, 2026.
- 02MIP set at ₹67,220 per metric ton.
- 03Initially imposed in August 2025.
- 04Affects imports of virgin multi-layer paper board.
- 05Product used in various packaging sectors including pharmaceuticals and FMCG.
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The Indian government has announced an extension of the minimum import price (MIP) on virgin multi-layer paper board until September 30, 2026. The MIP, initially imposed in August 2025, is set at ₹67,220 (approximately $810 USD) per metric ton based on Cost, Insurance, and Freight (CIF) value. This regulation aims to safeguard domestic manufacturers by preventing imports below this price threshold. The virgin multi-layer paper board is widely utilized in the packaging of pharmaceuticals, fast-moving consumer goods (FMCG), food and beverages, electronics, high-end cosmetics, liquor, book covers, and publishing. Consequently, any imports priced below the MIP will not be permitted, thereby reinforcing local production.
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This extension of the MIP will help protect local manufacturers from foreign competition, potentially stabilizing prices in the domestic market.
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