• Sector specific First Mega Paper Mill under SEZ scheme by Andhra Pradesh based Promoters
• Provides direct employment for 5000 and indirect employment for 15,000 persons
• Tax exemptions and incentives under SEZ scheme substantially contribute to economic value additions to shareholders.
• Buy-back arrangement with Elof Hansson , Sweden for marketing the finished goods.
• Substantial Contribution to the Government exchequer by way of Taxes and duties.
• Increased Utilization of Kakinada Port facilities through Bulk imports and exports.
• Memorandum of Understanding (MoU): MoU has been signed between Government of Andhra Pradesh and Whitefield Paper Mills Ltd on 27th of March, 2006 with GoAP assuring full support.

SEZ Advantages :

• Treated as foreign territory for trade operations involving
• substantial duty and tariff benefits
• No license required to import goods
• Exemption from customs duty on import of capital goods, raw materials, consumables, spares, etc.
• Exemption from Central Excise duty on procurement of capital goods, raw materials, consumables spares etc. from domestic market
• Reimbursement of Central Sales Tax if paid on domestic purchases
• Income-tax exemption for 15 years.
• No service-tax on services rendered and received
• No dividend payment tax
• Supplies from Domestic Tariff Area (DTA) to SEZ treated as exports

Marketing & Sales :

• Paper Export Market

Elof-Hansson AB, Sweden for selling 60% of the finished production

• Deemed Exports:

- Sell 20% of its finished products as deemed exports

1. Users consuming paper located in notified SEZ,

2. 100% Export Oriented Units, and

3. Buyers paying in foreign currency.

- Sell directly to publishing houses, stationary product units in SEZs etc in India through in-house expertise and contracts.

• Domestic Market

Sell 20% of its finished products in domestic market through 5- 10 dealers in selected centers.

• Surplus Power

Entered into a Power Purchase Agreement with Power Trading Corporation for sale of upto 40 MW for 25 years.