Corrugated box makers warn costs are surging and GST refunds stuck—price hikes may be next

Kraft paper costs jumped 15 to 20 percent

India’s corrugated box industry is warning of a severe cost squeeze as kraft paper prices jump 15–20% and key inputs like gum and ink rise 30–40%. Higher factory running costs are compounding pressure, while delayed GST refunds are tying up working capital. Manufacturers are now calling for immediate price revisions and policy support to prevent supply disruptions.