India’s Print Book Market Will Hit INR 1 Lakh Crore by 2024, According to India Book Market Report Published Today

0
289


 





New Delhi, Delhi, India:
 

Nielsen BookInformation has partnered with FIP to produce and publish the long-awaited second version of the Nielsen India Book Market Report. With the Indian print ebook market predicted to attain simply shy of INR 1 Lakh Crore by the tip of 2024, this new report offers an in-depth evaluation of the Indian ebook market, together with the dimensions of the market in worth phrases in addition to the contribution the sector makes to the Indian economy. Other highlights embody an in depth take a look at the Indian schooling system and the position it performs inside Indian ebook publishing, and the affect laws has on the trade.

 

The publishing trade has modified enormously over the past 5 years and each organisations recognised the necessity to perform new analysis and have collaborated intently to ship this new report which offers a business-critical evaluation of the market to inform and help the stakeholders of the Indian publishing trade, Government businesses and abroad traders.

 

Viokayrant Mathur, Executive Director of Nielsen BoookayData India, said, The India Book Market Report 2022 highlights the potential of print book publishing in India. It provides a deeper understanding of the market, its economic contribution to the Indian economy and makes recommendations to help bring efficiencies to the Indian publishing sector. Nielsen BookData is confident that this report will prove insightful and valuable for industry stakeholders, not just in India but also to those looking to invest in India.”

 

Pranav Gupta, Joint Secretary of the Federation of Indian Publishers [FIP], who has been appointed because the Project Leader for this initiative from FIP stated, “The Indian publishing industry is a vital part of the Indian economy and has been developing rapidly over the past few years. It also contributes substantially to the country’s employment rate and plays a pivotal role in disseminating knowledge, invariably contributing to the robust development of the country’s cultured ethos. The India Book Market Report 2022 occupies a prominent position domestically and internationally and has exhibited a linearly expanding growth curve. It will be of immense importance for people not only in operating in the publishing ecosystem but also for policymakers and investors in this sector.”


 

The report can be launched at present at a particular occasion hosted by FIP at The Claridges Hotel in New Delhi with particular company and Ministers from the Government of India, the Indian Council for Cultural Relations, the National Secretary, Bhartiya Janta Party and The Nehru Centre London alongside representatives from the publishing trade.




Praise for the report:

 

“Having the third-largest market in the world for print book publishing is impressive. Not only does the industry provide a powerhouse for employment and exports for the economy, but it shapes the minds of India’s young people through their education and cultural engagement. And yet the industry faces challenges. Policymakers should welcome the rich data provided in this India Book Market Report. It provides a sound foundation for them to shape policies which support the positive contributions which India’s book publishing sector provides economically, culturally and educatively.”

Kevin Fitzgerald CMG, FRGS, MA (Oxon) – Director, World Intellectual Property Organization, Geneva.


“If we are to understand the accelerated changes in international publishing, and explain them to policymaokayers, then we need solid data. I commend the Federation of Indian Publishers, and Nielsen BookData, for bringing this report together and demonstrating the positive impact of Indian publishing to the Indian economy but also to society as a whole.”

Karine Pansa – President-elect, International Publishers Association, Geneva.


“I am delighted to be associated with this report as I found the previous edition published by Nielsen BookData immensely beneficial. The FIP has now collaborated with Nielsen BookData to release a new edition focusing on the book publishing ecosystem and its input to the Indian economy making it an invaluable resource for planners, decision-makers and policymakers in the book trade. It puts data at the heart of decision making and planning.”

Asoke Okay. Ghosh – President Emeritus, The Federation of Indian Publishers.


To purchase a copy of the report, email: boookayindia@nielseniq.com | fippresident@gmail.com

 

Notes to editor



About FIP

The Federation of Indian Publishers is the consultant physique of publishers in English, Hindi and different regional languages with its membership from throughout India, representing greater than 80 % of the publishing trade. All the main publishers of the nation are its direct members, different publishers being represented by means of varied native associations. Since its inception, the Federation has turn into the nationwide consultant physique of the Indian Publishing Industry and is rising stronger and stronger day by day. Internationally additionally, the Federation has performed an vital position. India is taken into account and revered as an amazing publishing nation all around the world.

 

The nice attribute of the Federation is that it’s a deliberative and consultative group with the principal goal to strengthen and promote skilled requirements amongst our members and create a discussion board not solely to focus on their issues but additionally to tackle them satisfactorily.

 

About Nielsen BookInformation

Nielsen BookInformation offers a spread of providers to the ebook trade internationally, aiding the invention and buy, distribution and gross sales measurement of books. Nielsen BookInformation is answerable for the ISBN and SAN Agencies for UK & Ireland in addition to offering search and discovery providers for booksellers and libraries. Its Research providers present retail gross sales evaluation for each print and e-books alongside analysis from the Books and Consumers Survey. For publishers, Nielsen BookInformation provides a spread of providers from assigning an ISBN to a ebook to including metadata to its database and offering promotional instruments to assist market books. The firm is wholly owned by NielsenIQ. For extra data, go to nielsenbook.co.uk

 

About NielsenIQ

NielsenIQ is the chief in offering probably the most full, unbiased view of shopper habits, globally. Powered by a groundbreaking shopper knowledge platform and fueled by wealthy analytic capabilities, NielsenIQ permits daring, assured decision-making for the world’s main shopper items corporations and retailers.

 

Using complete knowledge units and measuring all transactions equally, NielsenIQ offers shoppers a forward-looking view into shopper habits so as to optimize efficiency throughout all retail platforms. Our open philosophy on knowledge integration permits probably the most influential shopper knowledge units on the planet. NielsenIQ delivers the entire fact.

 

NielsenIQ, an Advent International portfolio firm, has operations in almost 100 markets, protecting greater than 90% of the world’s inhabitants. For extra data, go to NielsenIQ.com.

Click right here for Media Contact Details


Submit your press launch

(*1*)



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here