One of the most prominent and progressive industrial sectors in India, which promotes an all-inclusive growth of both agriculture and industry, is the Agro-based sector.  Indian Paper Industry is one of the most significant agro-based manufacturing industries in India.  It is a vast industry comprising of more than 157 paper producing divisions all over the country. It accounts for about 1.6 percent of the world’s production of paper. The Great Recession of 2007-2009 impacted the Paper Industry greatly.  This study is an attempt to analyse and compare the growth situation of Paper Industry in India during the pre and post-recession period; given the significant impact that the global crisis has had on the Indian Paper Industry. A period of 24 years from 1993-94 to 2016-17 is used for analysis – this period is divided into pre-recession period ranging from 1993-94 to 2007-08 and post-recession period ranging from 2008-09 to 2016-17. Simple and compounded annual growth rates have been calculated for five selected growth parameters namely: number of factories, number of employees, productive capital, profits and net-value added Using t-test, it was primarily concluded that there is significant difference in growth of Paper Industry in India during the pre-recession and post-recession period.

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Keywords: Agro-Based Sector, Simple and Compound Growth Rate, Pre and Post-Recession.