Minimum Import Price on Virgin Paper Extended

The government has extended the Minimum Import Price (MIP) on virgin multi-layer paper board until September 30, 2026. First imposed in August 2025 at INR 67,220 per metric ton, this MIP restricts imports below this price. The paper board is widely used across various industries including pharmaceuticals and FMCG.

The government has announced a significant extension of the Minimum Import Price (MIP) on virgin multi-layer paper board, now effective until September 30, 2026, according to a recent notification released by the Directorate General of Foreign Trade.

Initially imposed in August 2025, the MIP of INR 67,220 per metric ton exists to regulate the importation of this essential packaging material. Its applications span a range of industries, including pharmaceuticals, FMCG products, food and beverages, and electronics.

This policy aims to protect domestic industries by prohibiting imports priced below the established MIP, fostering local manufacturing and market stability.