| Paper and Paperboard Manufacturing | Duplex boards, newsprint, copier and kraft paper used in FMCG packaging and print media. | Established client base with large FMCG firms, integrated manufacturing plants, and consistent product quality. | Blue-chip FMCG companies, educational publishers, print media firms (B2B). | Duplex boards have higher margins due to specialized usage in FMCG packaging. | 1659 | 100 | Sales of paper products primarily to B2B clients via direct sales contracts. | Mostly direct sales with negotiated pricing; influenced by paper commodity markets. | New plant capacity, product launches (copier paper), FMCG packaging demand, export growth. | N R Duplex Boards |
