Indian Publishing business process outsourcing is expecting to register a 35 per cent growth per annum, a recent survey by Confederation of Indian Industry revealed.
The survey also estimated that the publishing BPO industry would become a 1.46-billion-dollar industry if the current trend continues till 2010.
Sriram Subramanya, CEO, Integral Software Services, the brain behind the survey, said Chennai had become the hub for global publishing outsourcing BPO services as the metropolis had a great talent pool and delivers quality standards.
He said more foreign companies were interested in the acquisition of Indian publishing BPOs as they could come out with books and periodicals on schedule.
The publishing industry in the western countries, which once thrived because of the cost advantage, was suffering from high cost of production, including wages. With advent of digital printing, the cost of printing books had also become costlier, due to high cost of paper and machinery.
Computer literacy among Indians, ability to adapt to pressing needs and their speed besides English speaking culture in major metropolitan cities were advantages for the publishing outsourcing growth. This advantage should be used properly in India becoming a world leader in publishing industry, he said.
