Value of the print industry in India 2007-2022

The value of the print industry across India was estimated to be over 296 billion Indian rupees in 2019. This was expected to go up to over 370 billion rupees by 2022, indicating a compound annual growth of just around one percent.

No language barrier

Publishing businesses are scattered all over the nation and most of them are carried out on proprietor basis. The idea is to cater to the needs of the local markets and producing titles in regional languages to deliver news to a nation, where citizens speak more than 20 languages. In financial year 2018, the print circulation revenue in the south Asian country was led by the Hindi-speaking market with a revenue of almost 40 billion Indian rupees. The employment in the sector has also increased over the last decade and was estimated to cross the 90 thousand mark in 2022.

Read one, read all

Increase in literacy rates across the country has created an interest amongst the young and old alike to stay up to date with the current affairs of the country and the globe. Dainik Jagran, a Hindi language daily newspaper had the highest readership in the country with about 70 thousand readers in 2017. Unlike some other markets with more developed digital ecosystems, the newspaper revenue streams in the nation have not faced serious challenges from the digital innovations. Nonetheless, senior citizens prefer to keep it old school when it comes to getting their daily entertainment and information which is likely to keep the ink in the print sector flowing.

Value of the print industry in India from 2007 to 2019 with a forecast until 2022

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Sources

Release date

March 2020

Region

India

Survey time period

2007 to 2019

Supplementary notes

* Forecast.

The estimates for 2020 do not take into account the impact of coronavirus (COVID-19).

All figures are gross of taxes for the stated calendar years.

Previous reports have been accessed

Note: One Indian rupee is equal to 0.013 U.S. dollars and 0.012 euros (as of April 2020)

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Statistics on "Newspaper industry in India"

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