Asia Pulp and Paper to set up India's largest paper plant in Andhra Pradesh

Asia Pulp and Paper to set up India's largest paper plant in Andhra Pradesh Follow @merinews

14 February, 2018

The Asia Pulp and Paper (APP), one of the largest conglomerates in Indonesia spanning across banking, infrastructure, agribusiness communications, cooking oil, palm oil, real estate and telecommunications, has come forward to set up the largest paper plant of India in Andhra Pradesh.

However, the company has asked the state government to provide it a single site of 2,500 acres, to set up a plant for manufacturing 3 to 5 million tons of paper.

APP Executive Director of Marketing Suresh Kilam, who met Chief Minister Chandrababu Naidu, said that once land is confirmed, they would submit feasibility report within 50 days. It will have a gestation period of 30 months.

The plant will require land in a coastal area, for producing only packaging paper and will have a daily import and export of materials weighing around 30,000 tons.

The Chief Minister suggested him to identify suitable land among available plots close to Kakinada, Visakhapatnam, Krishnapatnam and Machilipatnam. He enquired about import and export potential, discharge information and the plan of action.

The meeting was facilitated by Andhra Pradesh Economic Development Board, and the Chief Minister assured him of all the support required. Dr P Krishnaiah, Executive Chairman of APIIC, was also present.