The Indian stationery market has witnessed steady growth in recent years, driven by factors such as the increasing literacy rate, rising demand for educational materials, and the growing corporate sector. According to a report, the Indian stationery market was valued at around ₹23,000 crore (approximately $2.8 billion) in the fiscal year 2021-2022 and is projected to grow at a compound annual growth rate (CAGR) of around 7% during the forecast period of 2022-2027.
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