Printweek.com reports,
According to a recent presentation on the Indian print services industry by Satish Malhotra of SWAN Press,Publishing giant Repro India is investing INR 52 crore (£6.1m) in a massive 5388sqm-printing unit that it hopes will supply 200m books to the global educational and children's book markets.
Repro has a long client list that includes international companies such as McGraw Hill, Pearson, Longman, Oxford and Heinemann in educational publishing, and Igloo, Arcturus, Beaver Books and Dalmatian in children's book publishing.
The group has purchased a wide range of kit, which will be housed at the site in Sachin – a special economic zone (SEZ) – near Surat in Gujarat, India.
According to Repro, the site is being housed in Surat because it is a SEZ and this means it is a free-trade zone and offers benefits such as reduced regulatory paperwork and no duties or levies.
When fully operational, the unit will be able to supply 100m books to the educational and children's book markets in USA, Europe, UK and Africa, but the company aims to increase this figure to 200m "soon".
Unni said: "We have successfully garnered a position of leadership in global education. Our results are 19% growth in revenue with INR 155 crores (£18.2m) in 2007-08 and 69% growth in profits (after tax) at INR 15.55 crores (£1.8m)."
India has over 130,000 printing presses in active operation all over the country, a 1.5 million work force, 20 Printing Engineering Colleges and print training institutions churning out over over 2000 Printing Graduates every year.The Indian book printing industry is set for healthy growth.
I am a writer of Fiction in Telugu. I have published two books. I have now written some stories in English, which were based on my stories published in Telugu.
If you are interested I can send one of the story for your consideration.
Posted by: Sitapati Rao | August 11, 2008 at 11:08 PM
I am a writer of Fiction in Telugu. I have published two books. I have now written some stories in English, which were based on my stories published in Telugu.
If you are interested I can send one of the story for your consideration.
Posted by: Sitapati Rao | August 11, 2008 at 11:08 PM
I am a writer of Fiction in Telugu. I have published two books. I have now written some stories in English, which were based on my stories published in Telugu.
If you are interested I can send one of the story for your consideration.
Posted by: Sitapati Rao | August 11, 2008 at 11:08 PM