Indian Printing Industry growing at 12% p.a.
The Indian Printing Industry is well established and presently growing at 12% per annum. According to NPES / PRIMIR report India is the world’s fastest growing market with a projected 73% rate of growth from 2006-2011. Not only is India growing extremely fast but it is doing so from a very large base. Today, India’s printing market is about $ 12.1 billion and is forecast to grow to US $ 20.9 billion by 2011. There are more than 8000 daily newspapers published in India, besides a large number of weekly and fortnightly periodicals published in all Indian languages.
The Indian Printing Industry today comprises more than 250,000 big, small and medium printers with a total turnover of more than US $ 12 billion. Almost 75% printing presses are family owned and hence closely held
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