Book market

India’s Printed Book Market will reach INR 1 Lakh Crore by 2024, according to India’s Book Market Report released today

Nielsen BookData and the Federation of Indian Publishers (FIP) are delighted to announce the publication of the India Book Market Report 2022.

New Delhi, Delhi, India – Business Wire India Nielsen BookData has partnered with FIP to produce and publish the long-awaited second edition of the Nielsen India Book Market Report. As the Indian printed book market is expected to reach just under INR 1 Lakh Crore by the end of 2024, this new report provides an in-depth analysis of the Indian book market including market size in terms of value as well as the sector’s contribution to the Indian economy. Other highlights include a detailed overview of the Indian education system and the role it plays in Indian book publishing, as well as the impact of legislation on the industry.

The publishing industry has changed tremendously over the past five years and both organizations have recognized the need for further research and have worked closely together to deliver this new report which provides critical market analysis to inform and support stakeholders from the Indian publishing industry, government agencies and foreign investors.

Vikrant Mathur, Executive Director of Nielsen BookData 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 industry. Nielsen BookData is confident that this report will prove insightful and valuable to industry stakeholders not only in India, but also to those looking to invest in India.” Pranav Gupta, Co-Secretary of the Federation of indian publishers [FIP], who has been appointed project manager for this FIP initiative, said, “The Indian publishing industry is a vital part of the Indian economy and has been growing rapidly over the past few years. It also contributes substantially to the employment rate of the country and plays a pivotal role in the dissemination of knowledge, invariably contributing to the robust development of the cultured ethos of the country. The India Book Market Report 2022 holds a prominent position domestically and internationally and exhibited a linear expanding growth plot. It will be of immense importance not only to people operating in the publishing ecosystem, but also to policy makers and investors in this sector.” The report will be launched today at a special event organized by FIP at Claridges Hotel in New Delhi with one of the guests and Ministers from the Government of India, the Indian Council for Cultural Relations, the National Secretary, the Bhartiya Janta Party and the Nehru Center London, as well as representatives from the publishing industry.

Report praise: “Having the world’s third largest market for print book publishing is impressive. Not only is the industry a source of jobs and exports for the economy, but it shapes the minds of young Indians through their education and cultural engagement. And yet, the industry faces challenges. Policy makers should welcome the rich data provided in this India book market report. It provides them with a solid foundation to shape policies that support the positive contributions India’s book publishing sector makes economically, culturally and educationally.” Kevin Fitzgerald CMG, FRGS, MA (Oxon) – Director, World Intellectual Property Organization, Geneva.

”If we want to understand the accelerating changes in international publishing and explain them to policy makers, we need hard data. I commend the Federation of Indian Publishers and Nielsen BookData for bringing together this report and demonstrating the positive impact of Indian publishing on the Indian economy but also on 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 extremely beneficial. FIP has now collaborated with Nielsen BookData to publish a new edition focusing on the book publishing ecosystem and its contribution to the Indian economy, making it an invaluable resource for planners, policy makers and policy makers. of the book trade. It puts data at the heart of decision-making and planning.” Asoke K. Ghosh – Chairman Emeritus, The Federation of Indian Publishers.

To purchase a copy of the report, email: [email protected] | [email protected] Notes to Editor About FIP ​​The Federation of Indian Publishers is the representative body of publishers in English, Hindi and other regional languages ​​with its members from all over India representing over 80% of the publishing industry. All the main publishers in the country are its direct members, the other publishers being represented by various local associations. Since its inception, the Federation has become the national representative body of the Indian publishing industry and is growing stronger day by day. Internationally too, the Federation has played an important role. India is considered and respected as a great publishing nation all over the world.

The great characteristic of the Federation is that it is a deliberative and consultative organization whose main objective is to strengthen and promote professional standards among our members and to create a forum not only to discuss their problems but also to solve them. in a satisfying manner.

About Nielsen Book Data Nielsen BookData provides a range of services to the book industry worldwide, facilitating the discovery and purchase, distribution and measurement of book sales. Nielsen BookData is responsible for ISBN and SAN agencies for the UK and Ireland, as well as search and discovery services for booksellers and libraries. Its research services provide retail sales analysis for print and electronic books, as well as research from the Books and Consumers Survey. For publishers, Nielsen BookData offers a range of services from assigning an ISBN to a book, adding metadata to its database and providing promotional tools to help market the books. The company is 100% owned by NielsenIQ. For more information visit nielsenbook.co.uk. Powered by a breakthrough consumer data platform and fueled by rich analytics capabilities, NielsenIQ enables bold and confident decision-making for the world’s leading consumer goods companies and retailers.

By using comprehensive datasets and measuring all transactions equally, NielsenIQ gives clients forward-looking insight into consumer behavior to optimize performance across all retail platforms. Our open data integration philosophy enables the most influential consumer datasets on the planet. NielsenIQ delivers the complete truth.

NielsenIQ, an Advent International portfolio company, operates in nearly 100 markets, covering more than 90% of the world’s population. For more information, visit NielsenIQ.com.

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