The Maharashtra government has approved a paper manufacturing project in Raigad district at an estimated cost of Rs 20,000 crore. The decision was taken at the cabinet sub committee meeting on industries chaired by Chief Minister Eknath Shinde.
A plot of 300 acres in Dherand in Raigad has been earmarked for the project, which will see investment by Indonesian paper and pulp manufacturing firm SinarMas. It will be the company’s first investment in the country.
Asia Pulp & Paper (APP) Sinar Mas delivers quality products to meet the growing global demand for tissue, packaging and paper. APP Sinar Mas’s products are marketed in more than 150 countries across six continents.