PROJECT REPORT

on

CORRUGATED KRAFT PAPER BOXES

Submitted by:

__________________________________

__________________________________

__________________________________

CONTENTS
________________________________________________________
CHAPTER NOS. PARTICULARS
SHEET NOS.
________________________________________________________
I.
Project Summary
II.

Introduction

III.

About the Promoter

IV.

Product Description

V.
VI.
VII.

Market Potential
Manufacturing Process & Process Flow Chart

Economics of the Project

Covering:Basis & Presumptions
Land
Building & Structures
Plant, Machinery & Equipment
Misc. Fixed Assets
Total Cost of the Project
Means of Finance
Term Loan, its repayment & interest schedule
Working capital & margin money
Staff & Labor requirements and their bill
Raw Materials & Consumables
Power/water
Depreciation
Repairs & Maintenance
Insurance
Sales Expenses
Projections of Performance & Profitability
Break-even-point Analysis
Cash flow Statement
Projected Balance Sheet
Debt-service Coverage Ratio
________________________________________________________

________________________________________________________
APPENDIX
PARTICULARS
SHEET NOS.
________________________________________________________

I.

Sources of Plant & Machinery

Availability

II.

Sources of Raw Material

Availability

III.

Existing Manufacturing Units

IV.

Important Addresses

________________________________________________________

CHAPTER - II
PROJECT SUMMARY
1. Name of the Applicant

2. Fathers/Husbands Name

3. Constitution

4. Address

5. Size of the Plot

6. Location

7. Covered Space

500 sq.mts.

8. Proposed Project to be set-up

Corrugated Kraft Paper Boxes

9. Type of Industry

Paper Packaging

10. Major Raw Materials

Kraft Paper, Gum, Wire, Ink etc.

11. Employment Potential

23 Persons

12. Power Load

40 KW

13. Total Project Cost:a. Cost of Land

5.50

b. Building & Structures

18.75

c. Machinery & Equipments

25.27

d. Misc. Fixed Assets

4.85

e. Preliminary & Preoperative expenses

4.41

f. Contingencies/Priceescalation

1.10

g. Margin Money for

Working Capital
Total

1000 sq.mts.

:
10.59
__________________
:
Rs. 70.46 Lakhs
__________________

14.

Means of Financing of the Project:-

a)

b)

Term Loan from Bank/State

Financial Corporation
Promoters Contribution
including Unsecured Loans
from friends/relatives

40.00

30.46

__________________
Total

15.

: Rs. 70.46 Lakhs

__________________

Promoters Share to Project Cost

43.23%

Debt-service Ratio

1.31 : 1

Annual Profitability (at

(60% efficiency, 1st year):-

a)

Annual Sales Revenues

Rs.175.50 Lakhs

b)

Net Profit

Rs. 10.47 Lakhs

c)

Percentage Profit on Sales

5.96%

d)

Annual Return on Investment

14.85%

e)

Average Break-even-point

49.17%

CHAPTER - II

INTRODUCTION

Corrugated Kraft Paper Board Box is the most popular shipping

container, now-a-days.
The boxes find their number of applications in the packaging of:
Packaged Drinking Water
Refined Vegetable Oils
Confectionery Products
Tobacco & its products,
canned & bottled goods,
food products,
lamps,
electrical appliances,
engineering goods,
Chemicals & drugs,
Stationery Items
glasswares etc.

CHAPTER III

ABOUT THE PROMOTER

The promoter of the proposed unit is highly educated, financially sound

and possess rich experience in the same field. After thorough study of the
market demand of the project, he is keen to set up a manufacturing unit for
the same.

BIODAT A
Name

Fathers Name

Date of Birth/Age

Address, residence

Qualification

Experience

Financial Background

CHAPTER - IV

PRODUCT DESCRIPTION & APPLICATIONS

Introduction
Corrugated Kraft Paper

Board

Box,

technically called

Corrugated

Fibre Board Box is the most popular shipping container, now-a-days. The
box is manufactured from corrugated board which consists of 3 or more
layers of kraft paper.

The

middle

fluted layer is pasted

with

two

flat

parallel sheets of paper. The boxes find their number of applications in the
packaging of chemicals & drugs, tobacco, engineering

goods, canned &

bottled goods, food products, lamps, electrical appliances, glasswares etc.

Packaging plays a very important role in the country's economy.
Till recently only the

western

world, more

particularily

the

developed

countries cared about proper packaging. However, now even developing

countries like India have changed their outlook towards packaging

and in

the last few years increasing stress has been laid on improved and proper
packaging. In fact, today, packaging is as important as the contents.
Corrugated boards were first produced in India in early fifties. Since
then the

production

of

Corrugated

boxes

applications.

Today, about

Corrugated boards

has

increased

steadily.

have replaced wooden boxes & crates in many

80% of all shipments in the world are being

made in fibre board boxes. In India, about 60% of the packaging is being
done with corrugated fibre board boxes.

Corrugated Board:Corrugated fibre board consists of a flat layer of paper sheet (liner)
glued

on one

or

both

sides

of

corrugated board is made by passing

a corrugated

paper (medium). The

two layers of paper (usually kraft)

through corrugating machine. One layer of paper becomes corrugated after

being passed thro' the heated rolls and other is brought into contact with
it after the former having glued at tips.
The corrugating 'medium' is generally made from a 0.009" thick (9
caliper) or 0.23 mm. The glue frequently used is starch or silicate of soda
adhesive. When only one liner is used, the product is known as "Single face"
or "two ply"

board. This board is flexible in one

direction.

When the

corrugated medium is combined on both sides with flat sheets, it is known

as double faced or "3-ply board".
Advantages of Corrugated Fibre Board Boxes :Corrugated fibreboard boxes have replaced the wooden and tin
containers due to their several advantages for safe transportation of the
goods. These are discussed here under :
1)

Light in weight (freight advantage)

2)

Cellular structure with high compressive strength, resiliency & shock

resistance. Assured safety to delicate articles.

3)

Can be stored conveniently in folded condition when not in use,

thus saving storage space.

4)

Can be attractively printed, thus advertising

advantage.
5)

By lining, lamination or coating, they can be made water resistant

and resistant to other adverse conditions.

6)

Easy to fabricate.

7)

Contents packed in these boxes remain dust free.

8)

Available through out the year. .pa

9)

Expedites production due to one line conveyor packing.

10) Re-usable
11) No strapping necessary
12) Desired in export market
13) Eliminated dependency on natural wood.
Applications:Corrugated

fibre board boxes are being

industrial as well as consumer

chemicals,

drugs,

goods.

used

They are

tobacco, engineering

goods,

for the

used

for

packing of
packing

canned and bottled

goods (such as Whisky, Beer, Soda, Drinking Water, Ketchups etc.),

electrical

appliances,

potteries,

footwear,

confectionary,
glasswares

and

textiles,

of

food,

fruits, vegetables,

other fragile items, medical

instruments, photographic equipments and a number of other products.

The use-pattern of corrugated board containers is approximately as

follows :(%)
Chemicals & Drugs

20

Tobacco

20

Engineering Goods

10

Canned & bottles goods

10

Light Engg.Products & Lamps

Electrical products

Confectionery

Textiles

Other (including fruits,

potteries etc.)

22
_____________
100
_____________

Some of the products where corrugated fibreboard boxes find

extensive application are:1.
2.
3.
4.
5.

Pharmaceuticals.
Glassware, crockery ware
Soaps & Cosmetics
Biscuits
Hosiery & ready made garments

6.
7.
8.
9.
10.

Electronic products
Breweries
Cigarettes
Footwears
Toys

11.
12.
13.
14.
15.

Milk products & other food items

Tea & Coffee
Automobile components
Rubber & rubber products
Engineering items and consumer durable
refrigerators, TVs, Air Coolers, fans etc.

16.
17.
18.
19.
20.

Stationary items
Match boxes
Frozen fish
Apple, cherry, grapes etc.
Cashew nut industry

like

It would not be an exaggeration if one states that practically every

product at some or the other stage, has to be packed in corrugated paper
board or box. Usually, at the manufacturer/wholesalers level the individual
units of a particular item are packed together in a carton/corrugated box for
the sake of convenience in handling/transporting.

The strength or weakness of corrugated paperboard depends upon the

member of ply, which vary from 2 ply to 9 ply. The higher the member of
the ply, the thicker and stronger will be the board. However, the strength
required will depend upon the purpose for which the corrugated board/box is
to be used. For example, to pack vials and tubes, a thinner quality or lesser
ply corrugated board would serve the purpose, while packing of a television
set or an air-conditioner will require a very sturdy corrugated box with
maximum ply. Similarly for electric lamps, a 2 ply flexible board is used.

The unit shall manufacture corrugated boxes of varying plys to suit

various needs.

Indian Standard
Specifications

Indian Standard Specifications:-

Bureau of Indian Standards (earlier known as Indian Standard

Institute, ISI) has published following Indian Standards on the industry:1.

2771

Fibre-board boxes

Part-1

Corrugated Fibre Board Boxes

Part-2

Solid fibre board boxes

2.

10066

Corrugated fibre board boxes for packing of Cigarettes.

3.

11844

Corrugated fibre board boxes for transport packaging of

apples.

4.

7151

Corrugated fibre board boxes of Internal dimensions 890 x

380 x 560 mm for para dropping of supplies

5.

7063

Methods of Test for Corrugated fibreboard

Part-1

Thickness of Board

Part-2

Edgewise crush resistance of board

Part-3

Water resistance of glue bond by immersion

Part-4

Determination of substance of the component papers after

separation.

However, for complete up-to-date information, it is advised to contact

Bureau of Indian Standards, Manak Bhawan, 9-Bahadur Shah Zafar Marg,
New Delhi-110002.

CHAPTER - V

MARKET POTENTIAL

The paper and paperboard industry has grown over the years to meet
the ever-increasing need for paper as well as paperboard. This industry is
more than a century old.

Specific statistics are not available in respect of production in the

small-scale sector.

However, an important parameter for gauging the

market potential for the products envisaged in this scheme is to ascertain

the overall growth in the economy in general with particular reference to the
growth of user industries that require corrugated board/boxes.

A look at the user industries indicates that they have generally grown
over the years and as per indications will continue to growth in the coming
years as well.

Consequently, the demand for corrugated paper board/boxes will also

continue to be buoyant. A peculiar feature of this industry is that on the one
hand there are several units in the large as well as small-scale sectors, which
are sick and unable to function properly, while on the other-hand several
units are flushed with orders and are working to capacity.

An important factor for successful undertaking of corrugated paper

board/boxes is the capacity to procure orders from bulk users on contract
basis. Only large and regular orders will ensure stability to the unit.

Through the market potential for these products can be considered to

the fairly good, much will depend upon the
by

an

individual entrepreneur.

marketing

strategy

adopted

CHAPTER - VI

MANUFACTURING PROCESS

The process of manufacture of corrugated fibreboard & boxes is quite

simple. The unit mainly comprises of two sections viz. corrugated board
making and box making section.

MANUFACTURE OF CORRUGATED BOARD

Corrugated board is made of a corrugated paper sheet of paper glued
to the facings of flat-paper, usually kraft. A corrugating machine is employed
for the corrugation of flat sheet and preparation of corrugated flexible 2 ply
board. The machine is called as single-face corrugating machine. One layer
of paper becomes corrugated after passing through the heated fluted rolls
and the other is brought in contact with the former having been glued at the
tips. These two sheets get pasted together and are wound in rolls.

The

resulting roll is known as single face or 2-ply corrugated board.

By cutting this roll with board cutter machine; glueing the corrugated
side on pasting machine & then placing 3rd ply of paper over it, double
face or 3-ply corrugated board is produced. Similarly, board to board can
be pasted to form thicker boards i.e. 5-ply, 7-ply and 9-ply boards.

MANUFACTURE OF BOXES

The corrugated board produced as above is dried (for drying of glue)

and may now be processed further to produce-corrugated boxes.

The size of a box is always given in terms of the inside dimensions,

with the longer dimension (length) of the opening
width and depth. The most economical
has

given first followed by

box for a given cubic contents

the proportions of 2:1:2 (L:W:D). However, other proportions may also

be used. For manufacturing boxes of any particular dimensions, it is first

decided as to how the blanks for the boxes should be cut to minimise the
wastage.
Calculation of Weight of a Box:Weight

of the box is equal to area of

weight/cu.m. the sheet.

Area of sheet (i) Length of the sheet required, 'a'
= 2L + 2W + 2 inches.
(ii) Width of the sheet required 'b'
=W+H
Where L = Length of the box
W = Width of the box
H = Height of the box
2" is the stitching margin.
Weight/sq.m. of sheets :

the

sheet multiplied by

It will depend upon the number of plies & g.s.m. (grams/sq.m.) of

paper. For the corrugating media, on an average 45% extra material is
consumed compared with the plain one depending upon the size of flute.
So, weight per sgm. of a 3 ply board would be as follows :gsm of top liner +(1.45 x gsm of media) + gsm bottom liner.
Fabrication of Boxes:
The various steps involved in the fabrication of corrugated fibre
board boxes are: Slitting & creasing; slotting; flap or corner cutting and
stitching or gluing. simultaneously carried over a rotary cutting &
creasing machine. The trimmed and creased sheet is slotted and flap out on
an eccentric slotter. Finally, it is either stitched using stiching machine or
glued/taped manually. The boxes are shiped in the form of flat tube which
is set up and closed by the packer.

Printing:

There are different methods of printing

Some of the small scale manufacturers

the corrugated boxes.

are printing

the boxes after

fabrication, by the technique of screen printing. However, printing can be

done in a printer slotter machine. In this machine, the blanks are printed
using soft rubber dies and the body score or vertical

score and slots are

introduced in the board.

Printing can also be performed on the paper sheet, before

corrugated sheet/board. The layer of paper which
the box, is printed

on flexographic machine.

making

will come outside of

PROCESS FLOW CHART

Corrugated Sheets

Corrugating Plant

|
|
V
Printing
|
|
V
Printed Paper Sheets
|
|
V
Cutting
Board Cutter
|
|
V
Glueing (at tips)
Sheet Pasting Machine
|
|
V
3-ply board
|
|
V
Cutting
Cutting & Creasing Machine
|
|
V
Creasing
|
|
V
Slotting
Slotter
|
|
V
Stitching
Stitching Machine
|
|
V
Finished Product

Economics
of
the Project

CHAPTER - V

ECONOMICS OF THE PROJECT

a.

b.

Basis & Presumptions:No. of working days/year

300

No. of shifts/day

Single

No. of working hours/shift

Product(s) Mix,Capacity & Its Utilisation:Finished Product(s)

Corrugated Kraft Paper Boxes

Average Selling Price

Rs.32,500 per ton

Annual Installed Capacity

900 tons

Capacity Utilisation

First year of operation

60

Second year of operation

65

Third year of operation

70

Forth year of operation

75

Fifth year onwards years

of operation

80

c.

Land:-

Industrial Plot

a. Plot Size

1000 sq.mts

b. Location

c. Rate of Land

Rs. 500/- per sq.mt

d. Cost of Plot

Rs.

5.00 Lakhs

e. Registration etc. Exps. :

Rs.

0.50 Lakh

________________
Total

Rs. 5.50 Lakhs

________________

d.

Cost of Building & Structure:-

a.

Works

300 sq.mts

b.

Stores

150 sq.mts

c.

Office

50 sq.mts

500 sq.mts

Total
Cost of construction

:
:

Rs. 3500.00 per sq.mt.

Rs. 17.50 Lakhs

d. Misc. Civil Works like Boundry wall,

Security Cabins, Parking Sheds,
Inner-Outer Approach Roads etc.: Rs. 1.25 Lakhs
________________
Total

Rs. 18.75 Lakhs

________________

e.

Plant & Machinery:-

Following plant, machinery and equipment are required for the

proposed project:_____________________________________________________________
S.No.
Description
Qty.
Rate
Amount
(Nos.)
(Rs.Lakhs)
_____________________________________________________________
A.

Corrugating Unit

1.
2.
3.
4.

Single Face Corrugating M/c 1

Slitting Attachment with cutter1
Board Cutter, 62 x 62
1
Sheet Pasting Machine
1

B.

Box Making Unit

1.
2.
3.
4.
5.
6.
7.

4-Bar Rotary Cutting &

Creasing M/c, 95
1
Eccentric Slotter, 42
1
Partition Slotter, 42
1
Stitching Machine, 30
1
Stitching Machine, 36
1
Vertical Bending Machine, 721
Single Slotting Machine, 12 1

C.

Printing Unit

1.
2.

Multi-colour Offset Printing M/c1

Screen Printing Equipment
1

D.

Testing Equipment

1.
2.
3.
4.

Brusting Strength Factor Tester1

Graqmmage Tester
1
Compression Strength Tester 1
Puncture Resistance Strength M/c1

3.00
0.18
0.26
0.44

3.00
0.18
0.26
0.44

1.95
1.95
0.45
0.25
0.30
1.40
0.15

1.95
1.95
0.45
0.25
0.30
1.40
0.15

10.00
0.50

10.00
0.50

0.30
0.05
1.50
0.30

0.30
0.05
1.50
0.30

_____________________________________________________________
Rs..22.97 Lakhs
Cost of installation, erection, commissioning
Taxes, Freight Insurance etc.
10%
Rs.. 2.30 Lakhs
_____________________________________________________________
Total
Rs. 25.27 Lakhs
_____________________________________________________________

f.

Misc. Fixed Assets:-

Additionally, following misc. fixed assets are required for the proposed
project:(Rs.Lakhs)
a.

Standby Gen Set, 40 KVA

2.25

b.

Electrification Expenses and

Electrical Equipments

0.75

c.

Weighing Machine

0.20

d.

Maintenance Tools & Equipment

0.05

e.

Office Furniture & Equipment

0.75

f.

Fire Fighting & Other Safety Equipments :

0.50

g.

Delivery Rickshaw

0.10

h.

Misc.

0.25

__________________
Total

Rs.
4.85 Lakhs
__________________

g.

Total Cost of the Project :-

a. Cost of Land

5.50

b. Building & Structures

18.75

c. Machinery & Equipments

25.27

d. Misc.Fixed Assets

4.85

e. Preliminary & Preoperative expenses

4.41

f. Contingencies/Priceescalation

1.10

g. Margin Money for

Working Capital

10.59

__________________
Total

h.

Rs. 70.46 Lakhs

__________________

Means of Financing of the Project:It is proposed to finance the project as follows:-

a)

Term Loan from Bank/State

Financial Corporation

b)

Promoters Contribution
including Unsecured Loans
from friends/relatives

40.00

30.46

__________________
Total
Promoters Share to Project Cost

: Rs. 70.46 Lakhs

__________________
:
43.23%

Debt-service Ratio

1.31 : 1

i.

TERM LOAN

:
:

S.No.

Description

1.

Land

2.

Value

Rs.Lakhs
Term Loan

5.50

75 %

4.13

Building & Structure

18.75

75 %

14.06

3.

Machinery & Equipment

25.27

75 %

18.95

4.

Misc. Fixed Assets

4.85

75 %

3.64

5.

Contingencies/Price Esc.

1.10

75 %

0.82

Rs.

41.60 Lakhs

Rs.

40.00 Lakhs

Term Loan Eligibility

Term Loan to be applied
for

55.47

j.

TERM LOAN, ITS REPAYMENT AND INTEREST SCHEDULE :

Term Loan

Repayment Period

Moratorium Perod

12

Annual Interest Rate

Year/
Month
I Year

1
2
3
4
5
6
7
8
9
10
11
12

Opening
Balance
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000

Rs.40.00 Lakhs
Years
months

10.50 % p.a.

Installment
0
0
0
0
0
0
0
0
0
0
0
0

Closing
Balance
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000
4000000

Interest
35000
35000
35000
35000
35000
35000
35000
35000
35000
35000
35000
35000

0
II Yr.

1
2
3
4
5
6
7
8
9
10
11
12

4000000
3916667
3833333
3750000
3666667
3583333
3500000
3416667
3333333
3250000
3166667
3083333

83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333

1000000

420000
3916667
3833333
3750000
3666667
3583333
3500000
3416667
3333333
3250000
3166667
3083333
3000000

34635
33906
33177
32448
31719
30990
30260
29531
28802
28073
27344
26615

367500

j..

TERM LOAN, ITS REPAYMENT AND INTEREST SCHEDULE

(Contd)

Year/
Month
III Yr.

IV Yr.

1
2
3
4
5
6
7
8
9
10
11
12

Opening
Balance
3000000
2916667
2833333
2750000
2666667
2583333
2500000
2416667
2333333
2250000
2166667
2083333

Installment
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333

1
2
3
4
5
6
7
8
9
10
11
12

2000000
1916667
1833333
1750000
1666667
1583333
1500000
1416667
1333333
1250000
1166667
1083333

83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333

1000000

1000000

Closing
Balance
2916667
2833333
2750000
2666667
2583333
2500000
2416667
2333333
2250000
2166667
2083333
2000000

Interest

1916667
1833333
1750000
1666667
1583333
1500000
1416667
1333333
1250000
1166667
1083333
1000000

17135
16406
15677
14948
14219
13490
12760
12031
11302
10573
9844
9115

25885
25156
24427
23698
22969
22240
21510
20781
20052
19323
18594
17865

262500

157500

j.

TERM LOAN, ITS REPAYMENT AND INTEREST SCHEDULE

(Contd)

Year/
Month
V Yr.

1
2
3
4
5
6
7
8
9
10
11
12

Opening
Balance
1000000
916667
833333
750000
666667
583333
500000
416667
333333
250000
166667
83333

Installment
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333
83333

Closing
Balance
916667
833333
750000
666667
583333
500000
416667
333333
250000
166667
83333
0
1000000

Interest
8385
7656
6927
6198
5469
4740
4010
3281
2552
1823
1094
365
52500

k.

WORKING CAPITAL REQUIREMENTS

Ist Year

60

Raw Materials

b.

Work in progress

c.

Finished Goods in stock

Percent Capacity Utilisation

15

days

Rs.

6.58

Lakhs

days

Rs.

3.21

Lakhs

10

days

Rs.

4.85

Lakhs

d.

Accounts Receivables

45

days

Rs.

26.33

Lakhs

e.

Misc. Expenses

30

days

Rs.

1.38

Lakhs

Total

Rs.

42.34

Lakhs

Working Capital
Required

Rs.

42.34

Lakhs

Bank Finance

Rs.

31.76

Lakhs

Margin Money

Rs.

10.59

Lakhs

k.
WORKING CAPITAL REQUIREMENTS
Contd.

Ist Year

65

Raw Materials

b.

Work in progress

c.

Finished Goods in stock

Percent Capacity Utilisation

15

days

Rs.

7.13

Lakhs

days

Rs.

3.48

Lakhs

10

days

Rs.

4.85

Lakhs

d.

Accounts Receivables

45

days

Rs.

28.52

Lakhs

e.

Misc. Expenses

30

days

Rs.

1.60

Lakhs

Total

Rs.

45.58

Lakhs

Working Capital
Required

Rs.

45.58

Lakhs

Bank Finance

Rs.

34.18

Lakhs

Margin Money

Rs.

11.39

Lakhs

k.
WORKING CAPITAL REQUIREMENTS
Contd.

Ist Year

70

Raw Materials

b.

Work in progress

c.

Finished Goods in stock

Percent Capacity Utilisation

15

days

Rs.

7.68

Lakhs

days

Rs.

3.75

Lakhs

10

days

Rs.

5.29

Lakhs

d.

Accounts Receivables

45

days

Rs.

30.71

Lakhs

e.

Misc. Expenses

30

days

Rs.

1.75

Lakhs

Total

Rs.

49.18

Lakhs

Working Capital
Required

Rs.

49.18

Lakhs

Bank Finance

Rs.

36.89

Lakhs

Margin Money

Rs.

12.30

Lakhs

k.
WORKING CAPITAL REQUIREMENTS
Contd.

Ist Year

75

Raw Materials

b.

Work in progress

c.

Finished Goods in stock

Percent Capacity Utilisation

15

days

Rs.

8.23

Lakhs

days

Rs.

4.03

Lakhs

10

days

Rs.

5.70

Lakhs

d.

Accounts Receivables

45

days

Rs.

32.91

Lakhs

e.

Misc. Expenses

30

days

Rs.

1.90

Lakhs

Total

Rs.

52.76

Lakhs

Working Capital
Required

Rs.

5276

Lakhs

Bank Finance

Rs.

39.57

Lakhs

Margin Money

Rs.

13.19

Lakhs

l.

STAFF & LABOUR REQUIREMENTS AND ANNUAL

SALARIES/WAGES BILL :
S.No. Designation

Nos.

a. Office Staff

Rate,
Rs.p.m.

Annual Bill
Rs.Lakhs

Accountant

10000

1.20

Sales & Marketing

7500

1.80

Peon/Watchman

5500

0.66

2.34

10000

1.20

0.90

4
b. Supervisory
1

Supervisor

c. Factory
1

Skilled Workers

7500

1.80

Semi-skilled Workers

6500

4.32

Unskilled Labour

5500

2.52

18

8.64

11.88

25% benefits

3.92
23

Rs.

15.80

Lakhs

m.

ANNUAL COST OF RAW MATERIALS, CONSUMABLES

& PACKAGING MATERIALS (at 100% efficiency)
Following Raw Materials, Consumables & Packaging materials are
required for the proposed project:

S.No.

Description

Amount
(Rs.Lakhs)

1.

Kraft Paper
(various grammage)

Printing Ink

Stitching Wire

Binding Cloth

Adhesive Tape

Adhesives

Misc.Consumable Stores

Packing Materials

Cost of raw materials, consumables and packing materials

is assumed at 75.00 % sales revenues, that works out to
Total
Rs.
219.38 Lakhs

n.

ANNUAL COST OF UTILITIES (POWER & WATER)

(at 100% efficiency)
a.

Power
Total Load

40 KW

Consumption

Load x 8 x 300 x 0.7

Hrs. x Days x Power Factor
67200 KWH

b.

Power Rate

Rs. 4.50 KWH

Total Power Bill

Rs. 3.02 Lakhs

Water
Water
@ Rs.

450 KL
8.00 Per KL
Rs. 0.04 Lakh

Total Power & Water

Bill

Rs. 3.06 Lakhs

o.

DEPRECIATION CHART
Building & Structure

Rs.

18.75

Lakhs

Machinery & Equipment

Rs.

25.27

Lakhs

Misc.Fixed Assets

Rs.

3.85

Lakhs

S. Description
N.
1.

2.

3.

Building &
Structure
Depreciation Rate

Machinery &
Equipment
Depreciation Rate

Misc.Fixed Assets
Depreciation Rate

Total Depreciation

Rate

10%

15%

15%

1st
Year

2nd
Year

3rd
Year

4th
Year

5th
Year

18.75
1.88

16.88
1.69

15.19
1.52

13.67
1.37

12.30
1.23

16.88

15.19

13.67

12.30

11.07

25.27
3.79

21.48
3.22

18.26
2.74

15.52
2.33

13.19
1.98

21.48

18.26

15.52

13.19

11.21

4.85
0.73
4.12

4.12
0.62
3.50

3.50
0.53
2.98

2.98
0.45
2.53

2.53
0.38
2.15

6.39

5.53

4.78

4.14

3.59

p.

REPAIRS & MAINTENANCE

S.N.

Description

1st
Year

2nd
Year

3rd
Year

4th
Year

5th
Year

1.

Building & Structure

Repairs/Maintenance
Rate (%)
Amount (Rs. Lakhs)

18.75

16.88

15.19

13.67

12.30

0.50
0.09

1.00
0.17

1.50
0.23

2.00
0.27

2.50
0.31

Machinery & Equipment

Repairs/Maintenance
Rate (%)
Amount (Rs. Lakhs)

25.27

21.48

18.26

15.52

13.19

0.50
0.13

1.00
0.21

1.50
0.27

2.00
0.31

2.50
0.33

Misc. Fixed Assets

Repairs/Maintenance
Rate (%)
Amount (Rs. Lakhs)

4.85

4.12

3.50

2.98

2.53

0.50
0.02

1.00
0.04

1.50
0.05

2.00
0.06

2.50
0.06

Total

0.24

0.42

0.55

0.64

0.70

2.

3.

q.

INSURANCE
The fixed assets of the project will be insured for all types of
risks. Annual insurance charges payable shall be as under:-

S.N.

Description

1st
Year

2nd
Year

3rd
Year

4th
Year

5th
Year

1.

Building & Structure

18.75

16.88

15.19

13.67

12.30

2.

Machinery & Equipment

25.27

21.48

18.26

15.52

13.19

3.

Misc. Fixed Assets

4.85

4.12

3.50

2.98

2.53

48.87

42.47

36.95

32.16

29.02

Rate (%)

1.00

1.50

2.00

2.50

3.00

Amount (Rs.Lakh)

0.49

0.64

0.74

0.80

0.84

Total
Insurance Charges :

r.

SALES EXPENSES
Sales Expenses include brokerage, commission, discounts etc.
They are assumed at

1.75

percent of sales revenues

Rs.Lakhs

Year

Sales

Selling Expenses

1st

175.50

3.07

2nd

190.13

3.33

3rd

204.75

3.58

4th

219.38

3.84

5th

219.38

4.10

s.

PROJECTIONS OF PERFORMANCE AND PROFITABILITY STATEMENT

Rs.Lakhs

Capacity Utilisation
(%)
A

1st
Year

2nd
Year

3rd
Year

4th
Year

5th
Year

60

65

70

75

75

Annual Sales
Revenues
Value Rs. Lakh

175.50 190.13 204.75 219.38 219.38

B.

Cost of Sales

a.

Raw Materials,
Consumables &Packing
Materials

b.

Power/Water

1.84

1.99

2.14

2.30

2.45

c.

Salaries & Wages *

Salaries
Wages

4.31
6.89

4.74
8.22

5.21
8.85

5.74
9.48

6.31
10.11

d.

Repairs & Maintenance

0.24

0.42

0.55

0.64

0.70

e.

Insurance

0.49

0.64

0.74

0.80

0.84

f.

Depreciation

6.39

5.53

4.78

4.14

3.59

131.63 142.59 153.56 164.53 175.50

151.79 164.13 175.84 187.63 199.50

Cost of Sales
*

10% increase every year

151.79 164.13 175.84 187.63 199.50

s.

PROJECTIONS OF PERFORMANCE AND PROFITABILITY STATEMENT

Rs.Lakhs
Contd.
1st
2nd
3rd
4th
5th
Year
Year
Year
Year
Year
Capacity Utilisation (%)
C

60

65

70

75

75

23.71

26.00

28.91

31.74

34.50

Selling Expenses

3.07

3.33

3.58

3.84

4.10

Overheads @

1.76

1.90

2.05

2.19

2.19

Preliminary & Pre-operative

Expenses w/off

0.88

0.88

0.88

0.88

0.88

Gross Profit

Financial Expenses:
a.

Interest on term loan

4.20

3.68

2.63

1.58

0.52

b.

Interest on Working Capital

Loan

3.33

3.59

3.87

4.15

4.15

10.47

12.62

15.90

19.10

22.50

3.45

4.17

5.25

6.30

7.43

D. Profit (before taxes)

E.

Provision for Taxes

F.

Profit (after taxes)

7.01

8.46

10.65

12.80

15.08

Depreciation, added back

6.39

5.53

4.78

4.14

3.59

13.41

13.98

15.43

16.94

18.67

G. Cash Accruals:

20%

@ Telephone Bills, Postage/Courier Expenses, Travelling/Conveyance,

Bank Charges/Commissions, Publicity etc. considered as 1%
of Annual Sales Revenues

t.

BREAK-EVEN-EFFICIENCY ANALYSIS
st

Capacity Utilisation (%)

nd

1
Year

2
Year

60

65

Rs.Lakhs
3rd
4th
Year
Year
70

75

5th
Year
75

A.

Sales

175.50 190.13 204.75 219.38 219.38

B.

Variable Costs

a.

Raw Materials, Consumables &

Packing Materials

b.

Power/Water

1.84

1.99

2.14

2.30

2.45

c.

Wages

6.89

8.22

8.85

9.48

10.11

d.

Intt.on Working Capital Loan

3.33

3.59

3.87

4.15

4.15

e.

Sales Expenses

3.07

3.33

3.58

3.84

4.10

Total

131.63 142.59 153.56 164.53 175.50

146.76 159.72 172.01 184.30 196.31

C.

Fixed Costs

a.

Salaries

4.31

4.74

5.21

5.74

6.31

b.

Admn. Overheads

1.76

1.90

2.05

2.19

2.19

c.

Repairs & Maintenance

0.24

0.42

0.55

0.64

0.70

d.

Insurance

0.49

0.64

0.74

0.80

0.84

e.

Interest on term loan

4.20

3.68

2.63

1.58

0.52

f.

Depreciation

6.39

5.53

4.78

4.14

3.59

Total

28.74

16.91

15.96

15.09

14.30

D.

Contribution

28.74

30.41

32.74

35.07

37.69

E.

Break-even-efficiency (%)

60.51

55.59

48.75

43.03

37.95

Average Break-even-efficiency

49.17

u.

CASH FLOW STATEMENT

Rs.Lakhs
Const.
Period

Sources of
Funds
Increase in Share
Capital

3rd
Year

4th
Year

5th
Year

0.00

0.81

0.90

0.89

0.00

40.00

0.00

0.00

0.00

0.00

0.00

Profit before tax

with Interest
added back

0.00

31.76

2.43

2.70

2.68

0.00

Preliminary
Exps.w/off

0.00

0.88

0.88

0.88

0.88

0.88

0.00
70.46

6.39
57.03

5.53
29.53

4.78
31.66

4.14
33.43

3.59
31.65

4.41

0.00

0.00

0.00

0.00

0.00

55.47

0.00

0.00

0.00

0.00

0.00

0.00

42.34

3.24

3.60

3.58

0.00

59.88

4.20
50.00

3.68
21.08

2.63
21.47

1.58
21.45

0.52
17.95

0.00
10.59
10.59

10.59
7.04
17.62

17.62
8.46
26.08

26.08
10.19
36.27

36.27
11.97
48.24

48.24
13.70
61.94

Depreciations
Disposition of
funds
Preliminary & Preoperative
Expenses
Increase in capital
expenditure
Increase in current
assets
Interest
C
D
E

2nd
Year

30.46

Increase in
Working Capita
Borrowings

1st
Year

Opening Balance
Net Surplus
Closing Baalnce

v.

PROJECTED BALANCE SHEET

Rs.Lakhs

Sources of
Funds
Share Capital
Add:Profits
Net Worth
Loans
Term Loan
Bank Borrowings
Sundry Creditors
Other Current
Liabilities

Const.
Period

1st
Year

2nd
Year

3rd
Year

4th
Year

5th
Year

30.46
0.00
30.46

30.46
7.01
37.48

31.27
15.47
46.74

32.17
23.93
56.10

33.07
32.98
65.45

33.07
40.84
73.90

40.00
0.00
0.00

40.00
31.76
0.00

30.00
34.18
0.00

20.00
36.89
0.00

10.00
36.89
0.00

0.00
36.89
0.00

0.00

1.96

5.32

11.24

22.27

33.05

70.46

Application of
funds
Fixed Assets
Gross Block
Depreciations
Net Block
Plot/Land
Current Assets
Inventories
Sundry Debtors
Preliminary Exp.
Not w/off
Cash & Bank Bal.
Other Current
Assets

111.19 116.25 124.23 134.61 143.84

49.97
0.00
49.97
5.50

49.97
6.39
43.57
5.50

49.97
5.53
38.05
5.50

49.97
4.78
33.26
5.50

49.97
4.14
29.12
5.50

49.97
3.59
25.53
5.50

0.00
0.00
4.41

14.64
26.33
3.53

15.46
28.52
2.65

16.72
30.71
1.76

17.96
32.91
0.88

17.96
32.91
0.00

10.59

17.62

26.08

36.27

48.24

61.94

0.00

0.00

0.00

0.00

0.00

0.00

70.46

111.19 116.25 124.23 134.61 143.84

v.

DEBT SERVICE COVERAGE RATIO

1
Year

2
Year

Rs.Lakhs
3
4th
Year
Year

10.47

12.62

15.90

19.10

22.50

Depreciation

6.39

5.53

4.78

4.14

3.59

Interest on term loan

4.20

3.68

2.63

1.58

0.52

Total Coverage

21.06

21.82

23.30

24.82

26.62

Loan Repayment

0.00

10.00

10.00

10.00

10.00

Interest on term loan

4.20

3.68

2.63

1.58

0.52

Total Loan Liability

4.20

13.68

12.63

11.58

10.53

DSCR

5.01

1.60

1.85

2.14

2.53

st

Profit after tax

Average DSCR

nd

rd

2.63

5th
Year

APPENDICES
(Addresses)

APPENDIX - I

SOURCES OF PLANT & MACHINERY AVAILABILITY

Corrugated Kraft Paper Boxes making Machinery:
Natraj Industries
Plot No.65, Sector-6,
Faridabad (Haryana)-121006.
Tel.: 0129-2241403/404, 4001259
Fax : 0129-2243403
E-mail: sales@natrajindustries.com
Website:www.natrajindustries.com
Neelkanth Machinery Co.
Plot No.44, Sector-4
Industrial Area
Faridabad-121 004
Tel.: 0129-2242516, 2241580
Fax : 0129-2243069
E-mail: info@neelkanthmachinery.com
Website:www.neelkanthmachinery.com
Sidhartha Machinery Co.
406, Usha Kiran Building
Commercial Complex
Azadpur, Delhi-110033
Tel.: 65976383
Cell : 9811755369
E-mail: sales@sidharthamachinery.com
Website:www. sidharthamachinery.com
Nagpal Packaging Machinery Pvt. Ltd.
B-7, Sector-59, Phase-II
23rd Milestone, Mathura Road
Ballabhgarh, Faridabad-121 064
Tel.: 0129-2307700, 230 7800, 4067600
Fax : 0129-4067500
Cell.: 93122 73576
Website:www.nagpalmachinery.com

Natraj Machinery P.Ltd.

Plot No.66, Sector-27C,
Faridabad (Haryana)-121003.
Tel.: 0129-2276060/2093
Fax: 0129-2274471
E-mail: info@natrajmachinery.com
Website:www.natrajmachinery.com

Micro Mechanical Works,

B.Kumar Compound,
Lal Bahadur Shastri Marg,
Vikhroli,
Mumbai - 400083.

Perfect Paper Machines,

34, Phase-II, Scheme-II,
Okhla Industrial Area,
New Delhi - 110020.

Paper Board Machinery Company,

Plot No.115, Part - I,
DLF Industrial Area,
Faridabad - 121003. (Haryana).
G.K.Hydraulic & Engineering Works
21/4, G.K. Estate, M Road,
Rishi Nagar, Mathura Road,
Ballabhgarh, Distt.Faridabad.
(Haryana)
Cell.: 93137-42381
Tel.: 2241702/2246583
Fax: 2246023
Printpack Engineers,
20, Gujrat Vihar,
Vikas Marg,
New Delhi - 110002.

Sheth Brothers,
F-1/16, Ansari Road,
Darya Ganj,
New Delhi - 110002.
Tel.:3272753
Micro Machinery Co. Pvt.Ltd.,
Lake Road, Bhandup,
Mumbai - 400078.
Authorised Distributors :R.V.Agencies,
29/23, Shakti Nagar,
Delhi - 110007.
Phone - 7129099
Micro Mechanical Industries Pvt.Ltd.,
Fitwell House,
Lal Bahadur Shastri Marg,
Vikhroli, Mumbai - 400083.
GRAM : 'MICROSHER'
Authorised Distributor :Shah Machinery Sales Corpn.,
233, 32-A Cross,
II Main Road,
Opp. Holy Mother School,
Jayanagar VII Block,
Bangalore - 560081.
Rosy Mechanical Works,
Plot No.A-15, Shahzada Bagh
Extension, Dayabasti,
Old Rohtak Road,
Delhi - 110035.
Tel.: 2541 7686
Samrat Rolwel India,
14-B, 8771, Shidi Pura,
Karol Bagh,
New Delhi - 110005.
Surjeet Mechanical Works,
106, Shivpuri,
Near Chander Nagar.
Delhi - 110051.

Surjeet Engineering Company

B-138, Sector-63, Noida (U.P.)
Tel.: 0120-4317391/92
Mobile: 98110 13324
E-mail: www.sur_engg@sify.com
www.surjeetengineering.net
www.surjeetengineering.in
Modern Engg. Company
Plot No. 44, Sector-4
Faridabad (Haryana)
Tel.: 0129-242516
Fax : 243 059
Sond Engineering Works,
442/8, G.T.Road,
P.O.Golden Temple,
Amritsar - 110051.
(Punjab).
Sadana Brothers,
254, East Mohan Nagar,
Amritsar - 143001.
Premier Engineering Works,
22, Gurdwara Darshan Singh Pheruman,
Miller Ganj, G.T.Road,
Ludhiana (Punjab).
FEC Machines Pvt.Ltd.,
Mehta Road,
Maqboolpura,
Amritsar (Punjab).
Shree Karishna Engineering Works,
Begampura,
Kinkhabwala Wadi,
Behind Surat Cotton Mills,
Surat - 395 003.

Mahajan Machinery Works

27/5/3 F-1, Church Road
Jwala Nagar, Shahdara
Delhi-110032
Tel.: 2415355, 2246670
Graduate Paper Board Machinery Company
Plot No. 115, DLF Industrial Area
Faridabad-121 003
Tel.: 0129-275394
Offset Printing Machine:
Bombay Offset Printers,
Computer Forms Machinery Division,
Post Box 6591, Worli,
Mumbai - 400018.

Indo European Machinery Co.Pvt.Ltd.,

Sambava Chamber,
Sir P.M.Road, Fort,
Mumbai - 400001.
Delhi Office :Kuncha Ustad Dagh,
Chandni Chowk,
Delhi - 110006.

Alois Gutenberg Machine Pvt.Ltd.,

Post Box No.457,
Wagle Post Office,
Thane - 400604.
(Maharashtra).

Raghubeer Machinery Pvt.Ltd.,

Gurgaon - 122015.
(Haryana).

Bandhu Technical Services,

8-B, Bahadur Shah Zafar Marg,
New Delhi - 110002.

Multitech Aids (P) Ltd.,

200, Sector - 24,
Faridabad - 121005.
(Haryana).

APPENDIX - II

SOURCES OF RAW MATERIAL AVAILABILITY

1.

Kraft Paper:Coastal Papers Ltd.

Industrial Development Area
Madhavareyudupalem-533 126
Near Kadiam (R.S.)
Kadiam Mandalam
East Godavari Distt.
Andhra Pradesh
Tel.: 5348, 5423

Cauvery Papers Ltd.

Sathyagala, Kollegal Taluk
Mysore District - 571 498.
Karnataka.
Tel.: 7241/7231

B.G. Shirke Construction Technology Ltd.

(Shirke Paper Division)
Survey No.483
Shirwal, Tal.Khandala
Distt. Satara - 412801
Maharashtra.
Tel.: 02167-44106, 44176

Ballarpur Industried Ltd.

(Unit Ashti)
Tehsil Chamarsi
Village : IllUR
Distt. Gadchiroli - 442707
Maharashtra.
Tel.: 07135-44129, -44147

The Andhra Pradesh Paper Mills Ltd.

Rajahmundry - 533105
Easta Godawari District
Andhra Pradesh
Tel.: 0883-71831/71838
Tlx : 0474-202 (APPMIN)
Fax : 0883-61764

Amravathi Shri Venkatesh

Paper Mills Ltd.,
P.O.Udumalpeth,
Madathulola,
Tamilnadu.

Associated Pulp & Paper Mills Ltd.,

B Jadav Chambers,
2nd floor, Ashram Road,
Ahmedabad - 380009.

Chemopulp Issues,
A-4, Sector CX-II,
Meerut Road,
Ghaziabad (U.P.)

Sirpur Paper,
Sirpur,
Kaghaznagar.

Rohtas Industries Ltd.,

Dalmianagar.

India Paper Pulp Co.Ltd.,

8, Clive Row,
Kolkata.

Ballarpur Industries Ltd.,

(Shree Gopal Division),
Thapar House,
124, Janpath,
New Delhi.
Mysore Paper Mills Ltd.,
Bhadravati.
2.

Gum Tape:Million Tape Manufacturing Co.,

2640, Hamilton Road,
Kashmere Gate,
Delhi - 110006.

Natraj Paper Industries,

38/46, Nagdevi Street,
Mumbai - 400003.
3.

Gum:Vijay Adhesives Industries,

6, Friends Colony,
G.T.Road, Shahdara,
Delhi - 110032.

Synthetic Glue Chemicals Ltd.,

D-104, Industrial Area,
Bulundshaher Road,
Ghaziabad (U.P.).

Corn Products Co.(India) Pvt.Ltd.,

Shree Niwas House,
Hazarimal Somari Marg,
P.O.Box No.994,
Mumbai.

Synthetic Glue & Chemicals

Industries,
21, Goenka Lane,
Kolkata.
4.

Stitching Wire:
Pearls Products,
Amar Hill,
Saki Vihar Road,
Powai, Mumbai.

Universal Wire Manufacturing Co.,

61/63, Jalan Wadai,
Gokhle Road, Dadar,
Mumbai.

United Export Trading Co.,

512, Loha Bhawan,
P.O.Mello Road,
Mumbai.

Standard Traders (India),

202, Himalaya House,
Palton Road,
Mumbai.

Saif Steel Traders,

Steel House,
10/14, Janjikar Street,
Mumbai - 3.

J.R.Desai & Co.,

71-73, Chakla Street,
Mumbai.

5.

Printing Ink:Graphichem Sales,

Bhupender Bhawan,
Karishma Market, Paharganj,
New Delhi - 110055.

Rainbow Ink & Varnish

Manufacturing Co.Pvt.Ltd.,
D-7, Sector - III,
Noida (U.P.).

Roopson,
1274/4/C, Baidwara,
Delhi - 110006.

Coats of India Limited,

Transport Depot Road,
Kolkata - 700088.

B.K.Ink Enterprise,
C/2, 2, Ambawadi,
Udyoganagar,
Wadwan (Gujarat).

Beco Chemicals (P) Ltd.,

25, Brabourne Road,
Kolkata - 700001.

Bengal Chemicals,
6, Ganesh Chandra Avenue,
Kolkata - 700013.

Colour Inks (P) Ltd.,

136, Lakshimi Building,
A-Mudaliar Road,
Bangalore - 2.

APPENDIX - III

EXISTING MANUFACTURERS

There are numerous units engaged in the manufacture of

Corrugated Kraft Paper Boxes all over the country, Some of them near Delhi
are given hereunder:-

Grover Packaging Industries

RZ-44B/6, Tughlakabad Extn.
New Delhi-110019
Tel.: 55732877
Fax: 26069416
Cell.: 98181 83811, 9818791694

Kiran Packaging Industries

Plot No.26, Sector-25
Faridabad-121 004 (Haryana)
Cell.: 9811228654
Krishna Packaging
161-DSIDC Sheds
Okhla Industrial Area, Phase-I
New Delhi-110020
Tel.: 26811438, 26371034, 55635217
Cell.: 9871606227 (Mr.Vijay Grover)

Kwality Packing Products

Bisokhar Road
Modi Nagar-201 201 (U.P.)
Tel.: 02132- 233028

K.S. Enterprises
Unit-1:D-183, Sector-63, Noida
Tel.: 0120-95120-2400077
Fax : 0120-95120-5542187
Mobile: 98110 74833 (Mr.Arvinder Singh)
E-mail: enterprise_ks@yahoo.com
Unit-2: 330-Chattarpur, New Delhi-110030

Negi Packers
D-230, Sector-10
Noida-201 301, Distt.G.B.Nagar (U.P.)
Cell.98100 50344
Tel.: 95120-2537993.
Pack (India) Industries
31-DSIDC Shed, Scheme-II
Okhla Industrial Area
New Delhi-110020

Paramount Box Manufacturers

C-57/1, Okhla Industrial Area
Phase-II, New Delhi-110020
Tel.: 26384215, 55601029, 26385688, 26388132
Cell.: 98102-62423

Suraj Packaging Company

39-Channamal Park
Rohtak Road
New Delhi-110026
Tel.: 28314650, 28312752
Cell.: 9311396900, 9811396900

APPENDIX - IV

IMPORTANT ADDRESSES

Indian Institute of Packaging,

E-2, MIDC Area,
P.B.No.9432, Chakala,
Andheri (East),
Mumbai- 400093.
Delhi Office :21-Functional Industrial Estate
Patparganj
Delhi-110092
Tel. : 2216 6703/4/5
Telefax: 2216 9612
E-mail : iipdelhi@nde.vsnl.net.in
www.iip.in.com

Corrugated Box Manufacturers Association

138, Mittal Industrial Estate No.3
Andheri (East)
Mumbai- 400059.

Bureau of Indian Standards

Manak Bhawan
9, Bahadurshah Zafar Marg,
New Delhi - 110002.
Tel.: 2323-0131, -3375, -9402
Fax : 91-11-2323-4062, -9399, -9382.

Federation of Corrugated Box Manufacturers Association,

214, Mittal Industrial Estate No.3,
M. Vasanji Road,
Andheri (East),
Mumbai - 400059.

Northern India Corrugated Box Manufacturers Association,

Karampura Commercial Complex
New Delhi - 110015.

Indian Agro Paper Mill Association (I.A.P.M.A.)

1006, Pragati Tower
26, Rajindra Place
New Delhi-110008.
Tel.: 2573 9794, 2576 8659
Fax : 2576 8639, 2575 1700

All India Small Paper Mills Association

109, Shaikh Memon Street (2nd Floor)
Mumbai - 400 002.
Ph. : 23427726, 23427278

Pulp and Paper Research Institute (PAPRI)

Gulab Bhawan (Rear Wing)
6A, Bahadur Shah Zafar Marg
New Delhi-110002.

Pulp & Paper Manufacturers Association,

India Exchange, 9th floor,
India Exchange Place,
Kolkata - 700001.

Indian Paper Makers Associations,

6, Netaji Subhash Road,
Kolkata - 700001.

Central Pulp & Paper Research Institute,

P.Box No.174,
Saharanpur - 247001
(Uttar Pradesh).

Indian Pulp & Paper Technical Associations.

I.P T.Campus,
Saharanpur - 247001 (U.P.)

Handmade Paper Institute,

Pune (Maharashtra).

Paper Machinery Manufacturers Association,

C/o. C.I.I.,
172, Jor Bagh,
New Delhi - 110003.

India Paper Mills Association,

India Exchange,
4, India Exchange Place,
Kolkata - 700001.
INDUSTRIAL ASSOCIATIONS
PHD Chamber of Commerce & Industry
PHD House, Opp. Asian Games Village
4/2, Siri Institutional Area,
August Kranti Marg, New Delhi-110016
Phones : +91 11 26863801-04
Fax : +91 11 26855450, 2686 3135, 2656 8392
E-mail : phdcci@phdcci.in
phdcci@del2.vsnl.net.in
www.phdcci.in
Confederation of Indian Industry
Tel.: 24682230
www.ciionline.

Federation of Indian Chambers of Commerce & Industry, FICCI

Federation House
Tansen Marg
New Delhi-110001
Tel.: +91-11-23738760 to 70, 23765323, 23753124
Fax : +91-11-23765333, 23320714, 23721504
www.ficci.com

Associated Chambers of Commerce & Industry, ASSOCHAM

147-B, Gautam Nagar
Gulmohar Enclave
New Delhi-110049
Tel.:26512477-79, 41643407 26292310, 26292313
Fax : 011-26512154, 26865830, 41643476
www.assocham.org

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