Globalisation and its implications for the Indian forest sector
Globalisation of the forest sector is happening rapidly and these forces will substantially change the shape of the Indian forest sector between now and 2020. The paper demonstrates the development on a number of important globalisation factors. Fierce competition is foreseen with respect to land and biomass raw material between agriculture/bioenergy/forest industry in the future. In effect, we are seeing the convergence in the markets for food, fuel and fibre. The Indian forest industry is already today facing some of the highest wood and energy costs in the world and the costs are bound to increase due to escalating deficits. Globalisation will probably drive the Indian forest industry to import its raw material and invest in plantations abroad. A strategic choice for the Indian industry is between investing in India or abroad in the future. Current globalisation developments are pointing to investments abroad being the right option.
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Document Type: Research Article
Affiliations: Managing Director, CIBC World Markets Inc., Ottawa, Ontario K1P 5V9, Canada.
Publication date: June 1, 2008
More about this publication?
- The International Forestry Review is a peer-reviewed scholarly journal that publishes original research and review papers on all aspects of forest policy and science, with an emphasis on issues of transnational significance. It is published four times per year, in March, June, September and December. Theme editions are a regular feature and attract a wide audience.
The IFR is part of The Global Forest Information Service - GFIS
International Forestry Review has an Impact Factor of 1.705
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