Innovation has always been our forte. Over the past 25 years, we have learned and excelled with our expertise in the paper industry making us one of the top manufacturers in the country. In the current dynamic global competitive scenario, continuous innovation holds the key to sustainable growth. Our journey of over two decades has seen accelerated performance through significant investments in innovation and development for competitive advantage. This has led us to a leadership position and made us a reputed manufacturer and an organized player in the highly commoditized packaging-paper industry.
In addition to the general growth, increase in the demand for packaging-paper over the last two years has been tremendous due to booming e-commerce and FMCG markets. While mature markets are dealing with limited growth and fiscal constraints, emerging markets are experiencing fast growth. Industrialization trends across emerging countries in Asia are generating robust demand and boosting quality paper requirements. These factors are driving increased demand for cost-effective Paper Production.
Looking ahead, we are certain that our cost and operational efficiency will be key to our growth and position us for market leadership and enhanced value creation. As we pursue our strategic growth initiatives, we are well poised to maintain our preeminent position as one of the top paper manufacturers in India.