Simon & Schuster Establishes India Operations
(Press Release) NEW YORK, LONDON and NEW DELHI, May 19—As part of its strategic focus on bringing the works of its authors to the widest possible global audience, Simon & Schuster, Inc. today announced the establishment of Simon & Schuster India (S&SI), a New Delhi-based sales, marketing and publishing company. The announcement was made by Carolyn Reidy, President and CEO of Simon & Schuster, Inc., and Ian Chapman, Managing Director and Chief Executive of Simon & Schuster U.K., with Mr. Chapman assuming overall responsibility for Simon & Schuster India's operations.
"This new business makes clear our commitment to both the Indian marketplace and global publishing" said Carolyn Reidy. "India is a rapidly developing market for English language books, with a growing retail bookstore presence, and a deep-seated culture that prizes books and literacy, and we are very excited to bring more of our authors' books to India's expanding audience of English readers."
Simon & Schuster India's New Delhi office and team of regional sales managers will be under the supervision of Rahul Srivastava, Director of Sales and Marketing, and who had previously served as the company's exclusive sales agent on the subcontinent. Management oversight and infrastructure support for S&SI will be provided by Simon & Schuster UK, with Mr. Srivastava reporting to Executive Director Kerr MacRae for day- to-day business operations. HarperCollins India will handle fulfillment and distribution, with operations expected to commence August 1.
"We are delighted to be part of this important expansion of Simon & Schuster's worldwide publishing efforts," said Ian Chapman, Managing Director of Simon & Schuster U.K. "Our lists match up well with many of the strongest categories in the Indian marketplace, and we look forward to working with Rahul, his team, HarperCollins, and most importantly our new customers in the Indian bookselling community to grow both sales and awareness for our authors and distribution clients."