Set Up a Print Shop in India
Updated on Tuesday 23rd October 2018
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The Indian printing industry is a growing economic activity, that is comprised of more than 250,000 companies. The annual growth rate of the printing industry is estimated at 12%, while the annual turnover is estimated at USD 11 billion.
Those who want to open a company in India that will be registered as a print shop should know that this industry is best represented in the country’s large cities, such as Mumbai, Kolkata, Hyderabad and Delhi. Our team of consultants in company formation in India can assist investors in starting a business in one of these cities.
What are the main activities of the printing industry in India?
Businessmen who are interested in opening a company in India in the printing industry should take into consideration the most developed activities of this sector, which could provide numerous business opportunities. India is seen as one of the largest markets at a global level with regards to the printing industry and it is estimated that in 2018 it will become the 5th most developed market in this sense. Some of the main printing activities developed here are the following:
- the largest market sector is represented by print packaging and print publishing – for the latter, the most important activity refers to newspaper printing;
- the most developed activities carried out in the package printing sector refer to labels and tags printing;
- other sub-sectors that are relevant for the printing industry in India are insert printing, corrugated package printing, magazine printing and publishing sector.
- it is also important to know that the printing sector increased at a solid pace in the last years, and 2017 was a significant year, in which the value of the market reached INR 660 billion, doubling in value compared to the previous year.
What type of equipment does a print shop in India need?
Businessmen starting a company in India as a print shop will have to invest in the equipment that is necessary for handling this type of activity. Depending on the types of printing activities developed through the shop, it will be compulsory to have a printing equipment – such as a printer based on inkjet, laser or screen printer. Our team of consultants in company registration in India can assist with advice on the business start-up costs involved in this case.
The type of printer that will be used by the print shop will be chosen depending on the niche the company will operate in. Printers nowadays can print on a wide range of materials – paper, plastic, fabric, cardboard, ceramics and others. Thus, it will also be needed to have a design program, a computer, cutting equipment and other similar equipment. Businessmen are invited to contact our team of consultants for more information.