Opportunity India
India may produce 70 to 80,000 new titles each year, but Urvashi Butalia, director of Zubaan press, is less than impressed. “That is nothing per capita for a country with a billion or more people.”
The Indian book market continues to grow at 10 to 30 per cent each year, publishing hundreds of writers in 22 official language. This compares with, say, 20 years ago – the first time when India was a Guest of Honour at the Frankfurt Book Fair – and could only produce 22 writers.
The German Book Office New Delhi sponsored a Teatime session with publishers aimed at helping Fairgoers make sense of what appears at first to be a chaotic market.
A few salient facts:
“The multiple languages fragment the market, but also increase it”, explained Butalia. “English publishers are starting to translate into Indian languages, but there is also much translation among the Indian languages.”
70 per cent of the book market is in Indian languages, 30 per cent in English, which is the single largest.
Distribution of books remains a problem - but large industrial corporations have started bookstore chains. Tata is opening 150 bookshops. Others include Reliance and Pantaloon. Smaller chains, such as Crossword and the Oxford Bookstore and Landmark have expansion plans.
A typical paperback costs 200-300 rupees (4 – 6 US-Dollars); hardbacks are 600-700 rupees (12-14 US-Dollars) – though some bestsellers are available for half as much
Print runs have exploded from 1,000 copies to an average of 5-10,000.
A representative from Penguin India said that his business is growing at a rate of 25 per cent per year and that there is “great interest in children’s books, especially those that are didactic or educational”. Other hot topics include business, current affairs, and self-improvement.
That doesn’t mean fiction doesn’t also sell. The current bestselling book in the country is the novel “The Three Mistakes of My Life” by Chetan Bhagat (Rupa), which has moved 500,000 copies so far. (His previous novel, “One Night @ the Call Center”, was also a runaway hit).
The rights scene is still developing and the number of agents working in the country has risen to three. “But last year they were representing maybe ten authors”, said Butalia. “Now they have 50.”
A question from the audience about rights conflicts with the US and UK markets elicited a mixed response. One person suggested there was no conflict; while another said that books sometimes bleed into India from the UK or US, in part because selling directly into the market can sometimes earn a publisher more money from sales than they might get from rights.
Piracy remains one of the biggest problems in the country. “If you stop at a traffic light in Mumbai or Delhi people will try and sell you the recent bestsellers published quite horribly,” said the representative from Penguin India.
The market is also “clogged up” with cheap remainders, which one person in the audience suggested were being dumped on the country.
Though chaotic, the Indian book market need not be so intimidating. For further information, pick up a copy of the handy “Directory of the CII Publishing Cell” produced for the FBF and available at the Indian Collective Stand in Hall 6.0.







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