Overview:  India has consolidated its position as the world’s fourth largest economy, behind the United States

, China and Japan, in Purchasing Power Parity (PPP), according to the latest World Development Indicators and has the third largest GDP in the entire continent of Asia. It is also the second largest among emerging nations. (These indicators are based on purchasing power parity.) India is also one of the few markets in the world which offers high prospects for growth and earning potential in practically all areas of business. When the Economic Reforms were introduced in 1991, India chose to shift gear from a closed, license- driven Economy to one, which embarked on globalization and economic liberalization.

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Printing Industry:  Over the years, the printing industry has grown in all parts of the globe. The advent of TV and Internet has not affected the growth of and requirement for printing professionals. The industry has made giant strides in recent times in improving its machinery in terms of the scope, technology and speed. Computers and electronics have invaded all the departments of printing, improving quality and speed of the jobs executed with the consequent enhancement of costs enormously. In fact, the arrival of computers has complemented the printing business and has played a vital role in increasing its status as a clean profession.

So-Called Hubs for Printing Industry:  There is a set of industry players which are growing systematically and regularly. These kinds of set-ups do not belong to any specific region of India but are scattered all over the country. The so-called clusters of printing Industry are present in North: (Amritsar, Delhi, Faridabad) - West: (Ahmedabad, Bombay) – South: (Bangalore, Coimbatore, Madras). Increasing number of printers is adopting newer and modern technologies. The growth of such organizations indicates that recession is nothing but a changing trend towards adoption of new style of working. The modern style of business is completely in favor of the consumers. It ensures that they get optimum quality products at bare minimum price.

Probably in all areas of life the consumers are getting products at most competitive prices, which is definitely lower than yesterday’s prices and printing industry is no exception. To meet this challenge, people in the printing industry have to find the solutions and not fret on decline in prices. Some printers with a vision have already taken a step towards it and are able to produce printed products at much lower unit price by adopting new technologies.

Facts about Indian Printing Industry:      More than 1, 30,000 all types of printing presses in India. More than 10 Million family involved in the Industry. 20 Billion + Turnover. Per capita consumption of Paper & boards - 4.5 KGs. Machinery new and Second Hand, used is predominately from China, England, France, Germany, Italy, Japan, Netherland, Switzerland, Spain, Taiwan, and USA.

Source: http://www.indianmirror.com/indian-industries/printing.html

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