About Hindustan Paper Corporation Ltd.
Cachar Paper Mill is located roughly 24 kilometres from Silchar within Panogram, which served as the headquarters for HPCL before their expansion. As self-sufficiency became an objective after 1988, management aid from the area’s plethora of existing bamboo resources. Along with planned engineering initiatives, the development drove factories and production capacity upward, creating more economic opportunities and strengthening tourism.
HPCL encountered increasing financial losses, legacy systems and equipment, and disruptions to its supply chain, culminating in the mill's shutdown in October 2015. In turn, this initiated a long period of unpaid wage mounts along with protest and demand for revival. In 2022, the Assam government acquired the mill for ₹155 crore under the larger context of HPCL Units relinquishing control over them, issuing a value of ₹375 crores.
The same government released relief support SP packages worth ₹570 crores aimed solely at addressing employee concerns, with focal points set towards improving and bolstering their standard of living. The focus is no longer on restarting the mill; instead, plans are being made to develop industrial hubs or townships that can help revive the local economy.
