JK Paper Ltd, a flagship company of the JK Singhania group is setting up a new 1.65 lakh tonnes per annum (TPA) paper plant at its existing unit in Rayagada in Odhisa.

For this, the company plans to invested Rs 1650 crore to meet growing demand, customers’ needs and aspirations especially from digital printing industry. JK Paper holds 28 per cent of market share of Indian paper industry.