India Extends Minimum Import Price on Virgin Multi-Layer Paper Board Until 2026
Govt extends MIP on virgin multi-layer paper board till Sept 2026
Business Standard
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The Indian government has extended the Minimum Import Price (MIP) on virgin multi-layer paper board to September 30, 2026. The MIP is set at INR 67,220 per metric ton, preventing imports below this threshold to protect domestic industries that rely on this material for packaging various products.
- 01MIP extended until September 30, 2026.
- 02Set at INR 67,220 per metric ton.
- 03Protects domestic industries from low-cost imports.
- 04Applicable to products used in pharmaceuticals, FMCG, and more.
- 05First imposed in August 2025.
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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 is set at INR 67,220 (approximately $810 USD) per metric ton, which prohibits imports below this price. This measure was first introduced in August 2025 to safeguard domestic manufacturers from the influx of low-cost imports. The virgin multi-layer paper board is crucial for packaging a variety of products, including pharmaceuticals, fast-moving consumer goods (FMCG), food and beverages, electronics, high-end cosmetics, liquor, book covers, and publishing. The extension of the MIP aims to support local industries and ensure fair competition in the market.
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This extension of the MIP will help local manufacturers maintain competitive pricing against cheaper imports, potentially stabilizing prices for consumers in the packaging sector.
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