India: Crossword enters cluttered publishing space
Leading organised bookseller Crossword Bookstores has entered the already cluttered publishing domain with The Write Place, which will focus only on Indian authors.
According to market research agency Nielsen, the domestic publishing market had as many as 9,000 publishers and over 21,000 book retailers in 2015.
The report has valued the domestic book market, including textbooks at USD 3.9 billion in 2015 and the industry has been clipping at 20 per cent annually.
On the move to enter the publishing platform, Crossword Bookstores chief executive Kinjal Shah said, “The Write Place is committed to publishing Indian authors.” Read more
Source: Business Standard
