PRINTING INDUSTRY – AN EMERGING MARKET

Jun 18th, 2015
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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.

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PRINTING INDUSTRY AN EMERGING MARKET India has consolidated its position as the worlds 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. 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. STATUS OF INDIAN PRINT INDU

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