International Journal
2023 Publications - Volume 3 - Issue 2

Airo International Research Journal ISSN 2320-3714


Title
:

A study on the Sustainable Practices and Future Prospects of India's Paper Industry

Submitted By
:

Srija Sinha

Subject
:

Commerce

Month Of Publication
:

August 2023

Abstract
:

The paper industry plays a vital role in the global economy, but its environmental impact has raised concerns regarding sustainability. This study aims to explore the sustainable practices and future prospects of India's paper industry. The research focuses on understanding the industry's current environmental performance, identifying key challenges, and examining potential solutions and future trends. To achieve these objectives, a mixed-methods approach was adopted, combining quantitative data analysis and qualitative interviews with industry experts and stakeholders. Secondary data was collected from government reports, industry publications, and academic sources, while primary data was obtained through structured interviews. The analysis revealed that India's paper industry has made significant progress in adopting sustainable practices in recent years. Efforts have been made to minimize water consumption, reduce greenhouse gas emissions, and promote responsible sourcing of raw materials. Several initiatives, such as the implementation of cleaner production technologies and waste management systems, have contributed to these positive changes. However, challenges remain in achieving comprehensive sustainability in the industry. Issues such as deforestation, waste disposal, and energy consumption continue to pose significant environmental concerns. The study identifies the need for stricter regulations, increased public awareness, and collaboration among stakeholders to address these challenges effectively