Rama Newsprint and Papers Ltd., India’s largest newsprint and printing and writing paper manufacturing company, is looking to establish a strategic partnership with suitable global paper major or investor to infuse additional funds and technology into the company.
Rama, with a capacity of 1.5 million metric tons per year, has achieved more than a 75 percent capacity use rate. The company is confident of improving the same further, with higher capacity utilization and improvement of process efficiency, in the current financial year.
The company is seeking fund to be used to restructure the company’s debts, retire high cost loans and leverage the infrastructural surpluses to double the capacity at low investment per ton of capacity expansion.
Interested parties may contact Mr. K.K. Pandit of Rama Newsprint and Papers Ltd. at Tel: +91-22-2183791, Fax:+91-22-2180136/2188406, email: ramanewsprint@hotmail.com
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