Indian Express

Express India

Screen

Loksatta

Express Cricket

Kashmir Live

Biz Publications
 
| Make this your homepage | Feedback

The print gets bigger

Sudipta Datta, Suman Tarafdar

Posted: Jan 27, 2008 at 2242 hrs IST
Updated: Jan 26, 2008 at 2258 hrs IST

We need to make a book look sexy enough.” When Thomas Abraham, the India head of Hachette, the latest and biggest of international publishers to enter the Indian publishing market makes that statement, you sit up and take note. To launch its operations in April this year, it is the most eagerly awaited entry by the rather minuscule Indian publishing industry. Abraham concedes that festivals and fairs — of which the three most prominent in the country are on or about to start — the Kolkata and Delhi international Book Fairs and the Jaipur Literary Festival —attract eyeballs and media space. “But what we need is good old hardsell,” he asserts.

Statements like these are no flash in the pan. Signs that publishing will be a big ticket sector in the future are aplenty. Chains are becoming the norm as exemplified by Tata’s Landmark, Shopper’s Stop promoted Crossword, RPG-led Spencer’s Books & Beyond, Apeejay Surrendra Group’s Oxford Bookstore, Future Group’s Depot and the Reliance Group’s Timeout, which launched last month in Bangalore and is set to inaugurate its second outlet – a mega 40,000 sqft store on the Delhi-Gurgaon border. Then there are standalone chains like Corner Bookstore Company and Om. Random House, Harper Collins, Picador, Paragon, Routledge, Taylor & Francis — all leading global imprints — have had sales and marketing departments in India for a while, but in the last year or two have started editorial departments challenging the position of the leading trade publisher in India, Penguin.

“There’s consolidation everywhere, which means the widest sweep — ranging from self-help books, textbooks, management, career enhancement, leisure reading or coffee-table books and what have you,” says Vikas Gupta, MD, Wiley India. “I can predict a phenomenal growth curve for Indian publishing as the market has massive potential — and would like to include both English and regional language publishing,” says Sage India’s VP-commisioning, Sugata Ghosh. “While the book retail industry has been growing steadily, the book retail category is still unorganised and fragmented, with stand-alone bookstores accounting for more than 80% of book sales,” points out CB Navalkar, CEO, Crossword.

Experts in the sector agree that hitherto the bulk of publishing has been textbooks. Along with distribution right, that’s where the big bucks were. But with Amazon and Borders looming over the horizon, distributors in India, in keeping with the global pattern, may well be a threatened lot, say insiders.

“We have...

Single Page Format 1 - 2 - 3 - 4 - Next
Ads by Google
Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views represented here are not endorsed by www.financialexpress.com. The person writing and submitting the comment is / are responsible for the content of comment. The comment should not have inflammatory, abusive, derogatory language or any language deemed unfit for publication. There will be time lag between the submission and publication of the comments. The website reserves the right to publish or reject any message.
I agree to the terms of use.

Comments
Shaadi Matrimonials
Get Marriage Proposals by Email EVERYDAY!
Register FREE on Naukri.com.
200000+ Hot Job Openings!
The smartest way
to call india
Hot Travel Deals
- Yatra.com
Send Gifts
Flowers and Gifts
Get talk time of 200 minutes
absolutely free