India's antitrust regulator raided six paper mills for alleged price collusion in supplying paper to a government education body. This investigation is significant for maintaining fair competition in the industry.

The Competition Commission of India (CCI) has initiated nationwide raids at six paper mills as part of an investigation into alleged price collusion concerning supplies to the National Council of Educational Research and Training (NCERT). This action follows a complaint from NCERT, which is responsible for procuring paper for textbooks and other educational materials. The raids took place in various states, including Maharashtra, Punjab, Uttar Pradesh, and New Delhi. Companies such as Satia Industries and Silverton Pulp confirmed their involvement in the investigation. The CCI has not disclosed specific details about the case, maintaining confidentiality throughout the process. This investigation is crucial as the paper industry plays a significant role in India's economy, with an estimated annual turnover of $11 billion and a production share of about 5% globally. The CCI's efforts aim to uphold fair competition and prevent anti-competitive practices in the sector.