JK Paper is reportedly planning to increase its local raw material sourcing to two fold for its Rayagada unit in south Odisha in the coming two to three years. The company is hopeful of achieving the same through a massive plantation drive spread across 11,000 hectares in and around Rayagada, Koraput and Jeypore in Odisha and also at the Vizianagram and Srikakulam areas in neighbouring Andhra Pradesh.
At present, the company’s 40% of raw material for Rayagada plant comes from Odisha and eastern Andhra Pradesh and to meet the balance requirement, it is buying from Uttar Pradesh and Chhattisgarh.
JK Paper is engaged in paper manufacturing business. The company is India’s largest producer of branded papers is a leading player in the printing and writing segment.
