10 Things to Know about the Printing Industry of India

India’s printing Industry is estimated to have grown 10 folds in last 5 years. This has been the effect of Television and electronic media’s growth.The gurus who forecast the future is believed to have forecasted to reach a whopping 58% growth by the end of Q4 in 2018–19 — this would be totally driven by a collected graphic, internet, and progressive growth.

The Indian printing Industry holds the seventh rank in the world publishing nations. The “publishing hubs” are nothing but a set of industry players who are marching forward in a systematic and accelerated pace.

India’s progressive printers are equipped with the latest computer controlled 3D Printing Services, that reflects state-of-the-art digital advancement. The standards of the Indian printing industry has improved within a very short span of time and its immense production capacities have set its standard very high compared to other developing countries and international competitors.

Let’s understand as to what are the “most interesting facts about the Printing Industry of India in random order:

i. Omnipresent from Tier 1 to Tier 4 cities

The Printing Industry in India is spread across the length and breadth of the country, which means this private sector printing business, is so widespread that it is practically spread throughout the country (Tier I to Tier IV cities)

ii. Offers over 13 Lakhs printing presses and offers jobs to 10 Million families

Indian sub-continent has over 1, 30,000 of various categories of printing presses all over the country and employees approximately 10 Million families, which is a blessing for many.

iii. Roaring Annual turnover

The annual turnover of Indian printing press is over 20 Billion along with Millions of turnover and per capita consumption of paper & various boards.

iv. Recorded 12.6 % CAGR

Most interestingly, Indian printing Industry has in latest weeks recorded a CAGR of 12.6 %, which is definitely expected to expand up to two hundred and (32) thirty-two billion from a nominal One hundred and (28) twenty-eight billion.

v. Ranks 7th in Global Ranking

Indian Printing Industry is considered one of the greatest and holds 7th rank in the Global ranking of publishing houses.

vi. Uniquely Indian

India’s printing Industry is incredible — Indian screen printing can be referred to as the unique multi-colored and multi-layered industry — true to its country.

vii. Hosts over 96% of International brands

India is one of the most prominent investment ventures and highly potential houses. About 96% of the world’s International brands and premium players directly or indirectly through its promising distributors.

viii. Largest printing Network

India holds the largest printing network supported by strong infrastructure and all required amenities.

ix. Relaxation of F.I.R opens doors for foreign investors

The relaxation in the foreign investment regulations by the Indian government has opened up doors for a large number of foreign and NRI investors, which has given the printing industry a higher leverage to expand further.

x. Immensely contributes to Indian Economy and Sales

The Indian printing industry contributes immensely to the ec0nomy and sales, the approximate turnover on Indian Printing Industry is above INR 50000 crores which is more than $ 11 Billion and the jobs are exported to more than 121 countries of the world including developing and developed countries.

Indian printing Industry not only caters to its client in its national ( Hindi) and official language (English), it is highly efficient to accord services in almost all regional languages and there is a multitude of Indian printing firms, who refrain from entering the new territories since they are not well funded. India has a number of renowned colleges and reputed universities which offer both degree and diploma courses in printing, so they can nurture and train the aspiring printing professionals to take printing as their career. Undoubtedly in few years, the country itself will have a collective demand of able printing professionals in its high demand professions such as automobiles, manufacturing, engineering, architecture, book printing, advance designing, advertising, newspaper, publishing houses and more.