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Andhra Paper inks agreement with Government of Andhra Pradesh

04 Mar 2023 Evaluate

Andhra Paper has signed a Memorandum of Agreement (MOA) with the Government of Andhra Pradesh (GOAP) on March 4, 2023 to facilitate investment in the state of Andhra Pradesh in the interest of the economic growth of the state. The GOAP will facilitate and extend necessary support for implementation of the proposed project through single window clearances.

The company is planning to invest in setting up a new manufacturing facility to produce around 2,50,000 MTPA of Bleached Pulp and around 2,38,000 MTPA of Paper Board at Kadiyam, Rajahmundry, Andhra Pradesh, with an estimated investment of over Rs 2000 crore, which will create employment for around 2300 person.

Andhra Paper is one of the largest integrated paper and pulp manufacturers in India.

Andhra Paper Share Price

63.37 -0.16 (-0.25%)
22-Jun-2026 09:42 View Price Chart
Peers
Company Name CMP
JK Paper 350.80
TN Newsprints 147.60
West Coast Paper 507.00
Emami Paper Mills 87.94
Seshasayee Paper 222.00
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