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Hyderabad, June 25 The Corrugated Box Manufacturers’ Association across the country has called for a three-day strike from June 29 to July 1 to protest what they described as irrational increase in the cost of key raw materials.

Addressing a press conference here on Wednesday, Mr G.B. Shenoy, President, Andhra Pradesh Corrugated Box Manufacturers’ Association, said that the Rs 10,000-crore corrugated box industry, primarily operating in the small-scale sector, is reeling under tremendous margin pressures due to rising input cost and the industry’s failure to raise prices.

“The margin for the packaging industry has shrunken almost to nil because of the price rise in almost all raw materials, mainly kraft paper which comes to about 70 per cent of the total input cost.”

More Stories on : SSI | Andhra Pradesh

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