All India Bandh by Corrugated Box Manufacturing Units
All India Bandh by Corrugated Box Manufacturing Units 350 plus Corrugated box makers in AP demand higher prices
Tweet-- Around 9,000 Corrugated Boxes manufacturers from all over India including 350 from A.P have called a three-day strike from June 29 to July 1st in support of their demand to raise prices. The strike is against the refusal of the consumer industries to pay a higher price over the last four years.
The 9000 plus units across India employing about 3.5lakh workers directly and equal number indirectly and producing about 30 lakh tonnes of Corrugated Boxes are foreced to go on three day strike demanding higher prices declared Mr G B Shenoy, President of Andhra Pradesh Corrugated Box Manufacturers Association addressing a press conference in Association office today in city.
Corrugated boxes perform a very important role in the value chain of conveying goods from products to users in a safe and very cost effective manner. By using recycled and marginal fibres, Corrugated Boxes help in maintaining the green cover there by reducing greenhouse effect. The turnover of the all over India industry is about Rs 10,000crore.
Adding further M L Agarwal Past president "Asian Corrugated Case Association" & Past president "Federation of Corrugated Box Mfrs of India" said their industry comprises of micre and small scale entrepreneurs has been suffering immensely as it neither has any control on the unbated increase in input costs nor over escalating Kraft Paper prices. This situation is critical and the very survival of the industry is under threat, he added.
Speaking further Mr.G.B. Shenoy added that Corrugated Box Manufacturers have been serving its clients as oneof the most crucial supply chain partners and the eco-friendly alternative to wooden packaging. In the last few years, all commodity prices have skyrocketed and it is the case with Corrugated Box Industry's inputs too. This has crippled the industry to the extent that regular production has started getting affected.
Paper and Board prices are increasing relentlessly since March this year. There is an increase of 30 to 35% so far. Other input costs including steel stitching wire, starch, labour, energy, transportation and other costs have witnessed rise thereby increasing the conversion cost by 60 to 70%.
Keeping in view of this grim situation being faced by us, we have no other alternative than going on strike for three days. If situation is not improved we don't mind going on strike for week days which will be reviewed next month, they added.