Trend analysis of annual sales of select private sector paper industry in India
Author(s): D Yuvaraaj, N Kathirvel
Abstract: The pulp and paper industry is one of India’s oldest and core industrial sector. The socio-economic importance of paper has its own value to the country’s development as it is directly related to the industrial and economic growth of the country. Paper industry in India is the 15th largest paper industry in the world. It provides employment to nearly 1.5 million people and contributes Rs 25 billion to the government. Objectives of the study, to analyze the estimates of trend co-efficient and sales of the selected private sector paper industry in India. Methodology of the study, Secondary data has been used in this study. Top ten paper industry has been selected for the study. The period for this study covered ten years from 2004-2005 to 2013-2014 and the essential data for this period have been collected. Descriptive statistics and Trend analysis has been used this study. Suggested this study, when taking into consideration the sales of all the firms found to be good except few companies. Conclude this study, It is confined only during few periods the companies shows negative trends otherwise it reflects profitability on a whole. The management shall concentrate to avoid entering the grey zone, which reveals the position of the firms may reflect different scenario.