BOSTON, MA , Feb. 21, 2013 (RISI) -
India's wood fiber deficit is forecast to more than double between 2011 and 2021, placing increased emphasis on imports, according to a study released today by RISI, the leading information provider for the global forest products industry. 2013 India's Forest Products Industry Outlook examines India's development as the world's next substantial wood fiber import market after China.
"Due to regulations in India, companies are not permitted to own land in any significant amount, and therefore can't develop their own company plantations. With limited opportunity for domestic growth, India's need for imported wood fiber is expected to be sustained for several decades. However, we do not expect India's growth trajectory to follow the same explosive patterns as China," said Robert Flynn, Director of International Timber at RISI.
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