India ke corrugated box manufacturers buri tarah phans gaye hain. Kraft paper ke price mein **25%** ka jump aur GST ka chakkar **25,000** se zyada MSME units ke liye khatra ban gaya hai.
Indian corrugated box industry filhaal ek bade operational crisis se guzar rahi hai. Manufacturers ke liye sabse bada headache kraft paper ke daam hain, jo pichle do mahino mein 25% se 30% tak badh gaye hain. Aapko bata dun ki ek box banane ki total cost ka 65% se 80% hissa sirf is paper mein hi chala jata hai, jisse choti companies (MSMEs) ka margin puri tarah khatam ho raha hai.
Inverted GST ka double attack
Pareshani sirf raw material tak सीमित nahi hai. Inverted GST structure ki wajah se manufacturers 18% GST paper khareedne par dete hain, lekin apne products bechte waqt sirf 5% GST charge karte hain. Iska matlab hai ki bahut saara input tax credit block ho jata hai, jisse cash flow ka crisis ban gaya hai. WICMA jaise associations ka kehna hai ki refund milne mein itni deri hoti hai ki liquidity crunch badhta ja raha hai.
Supply aur Payment ka naya chakkar
Vendors ne bhi ab apna attitude badal liya hai. Pehle jo suppliers 30 se 60 din ka credit dete the, ab wo sirf 7 din mein payment maang rahe hain. Starch aur coal jaise secondary inputs ke mehenge hone se working capital manage karna namumkin hota ja raha hai.
Investors ke liye kya hai insight?
Sabse bada sawaal ye hai ki kya ye manufacturers apne bade corporate clients (pharma, auto, aur e-commerce sectors) se price hike manwa payenge? Agar contracts renegotiate nahi hue, toh production band hone ka khatra hai. Agle kuch hafte bohot crucial rahenge—agar GST refund policy mein koi change aata hai ya imported waste paper par duty kam hoti hai, toh hi industry ko thodi raahat mil sakti hai.