JK Paper, a paper and packaging major, has hiked prices of its products by up to 5% with immediate effect. The company has taken this step in order to offset the cost of raw materials and chemicals which are on rise.
Three categories of products, including copier papers and packaging board, have been affected by the price hike and the increase will range from by Rs 2 to Rs 4 per kg. The company had earlier increased its prices in May this year.
JK Paper is India’s largest producer of branded paper and is a leading player in the printing and writing segment. It is also engaged in outsourcing activity wherein it contracts the capacities of other mills in India and abroad to manufacture various grades of paper, maintaining the same quality and service assurance.
