There is always a question that do numbers really matter for publishing industry? Does Indian GDP growth rate influences print industry?
The numbers do matter both in general and particular way and in the case of every Indian print business. If the Indian GDP really grows at only 5-6%, the print industry cannot grow meaningfully. GDP growth is driven by investment (not merely consumption) and gross fixed capital formation was 29.3% (at current prices) in the past year. When the GDP growth is far above 6% then the original high growth of print industry occurs.
We need to keep learning how to read economy’s trend and relevant economic signs.