The India Book Market Report released by Nielsen at Frankfurt Book Fair last week values the print book market in India, including book imports, at $3.9 billion. This positions India among the largest English-language book markets in the world. The compound annual growth rate of the market is 20.4% between 2011-12 and 2014-15, according to the report.
“There are more than 9,000 publishers in India,” states the report – a sharp difference from what has so far been cited by industry bodies, which was 19,000 publishers. “This figure reflects active publishers, based on the number of ISBNs issued by the ISBN Agency in the last 3–4 years,” says Vikrant Mathur, Director, Nielsen Book India.