Our Bureau

Chennai, Feb. 28

The excise duty reduction on printing and writing paper is a welcome move for the paper manufacturers.

According to

Mr R. Gopalaratnam, Chairman and Managing Director, Seshasayee Paper & Boards Ltd,

the reduction in excise duty has been a long pending demand of the industry, which had demanded the reduction as a core sector player.

The reduction is significant and will provide an impetus for growth, he said.

(This article was published in the Business Line print edition dated March 1, 2006)
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