PIONEER OF PUBLISHING

ENTREPRENEUR CONNECT

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What is the approximate size of the Indian publishing industry and where does it rank worldwide?

India is counted among the top seven publishing nations in the world. According to PwC, India has more than 9,000 publishers to serve its nearly 1.3 billion people and it also imports a lot of books. The Indian publishing industry has grown and evolved over time and in 2017 was estimated at USD 6.7 billion, according to Nielsen India Book Market Report. Digitalization has changed the nature of the industry and India’s skilled manpower has enabled the country to become a major outsourcing hub for print and pre-publishing services for the world. The sector has tremendous potential, both in the domestic and export markets. The prospects of the Indian academic publishing industry have never seemed brighter as India is witnessing a growing interest in international circuits for its customer base.

As the head of a publishing house, what do you think are the challenges for the newly emerging publishing houses in our country?