Frankfurt Week: A New Report on the Indian Book Market
In an optimistic report issued in time for Frankfurter Buchmesse (October 19 to 23) by Nielsen BookData and the Federation of Indian Publishers, the Indian print market is anticipated to reach close to US$12 billion in value by the end of 2024.
A part of the report’s intent, of course, is to demonstrate the industry’s value to the overall economy of this very large nation. At Frankfurt, you’ll find the National Book Trust of India stand at Hall 6.0, B28.
In the years 2018 to 2019, the publishing sector in India, the report tells us, contributed 145.3 billion Indian rupees to the overall economy (US$1.8 billion). The direct contribution is calculated to have been 0.08 percent of the nation’s total gross domestic product.
“This is a short paragraph from an article published and copyrighted by Publishing Perspectives, a daily news medium for the international trade book publishing industry.”
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