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Business

Online shopping prompts Japan Pulp to invest in India

Sees increasing need for recycling used paper

Used paper in India

TOKYO -- Japan's biggest paper trader, Japan Pulp and Paper, is set to launch a recycling business in India, collecting and selling used paper.

The company will establish a used-paper collection facility near the western Indian city of Mumbai by year's end at a cost of nearly 100 million yen ($920,000). It plans to build several more in the next few years.

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