S. Chand buys 51% stake  in Chetana Publications

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Publishing major S. Chand is all set to buy 51% stake in Chetana Publications Pvt. Ltd. The decision comes in view of S. Chand’s plans for expansion in the school education sector. The company will invest ₹58.5 crore to acquire this 51% partnership in an all-cash deal.

This is the fourth acquisition by the S. Chand Group since 2012. Recently, the company had acquired Vikas Publishing House before it bought out New Saraswati House and Chhaya Prakashani.

According to Himanshu Gupta, managing director of S. Chand and Co., The group is happy to collaborate with Chetana Publications and this will expand their reach in the west Indian region.

The Covid-19 pandemic led to the country-wide lockdown on 25 March 2020. It will be two years tomorrow as I write this. What have we learned in this time? Maybe the meaning of resilience since small companies like us have had to rely on our resources and the forbearance of our employees as we have struggled to produce our trade platforms.

The print and packaging industries have been fortunate, although the commercial printing industry is still to recover. We have learned more about the digital transformation that affects commercial printing and packaging. Ultimately digital will help print grow in a country where we are still far behind in our paper and print consumption and where digital is a leapfrog technology that will only increase the demand for print in the foreseeable future.

Web analytics show that we now have readership in North America and Europe amongst the 90 countries where our five platforms reach. Our traffic which more than doubled in 2020, has at times gone up by another 50% in 2021. And advertising which had fallen to pieces in 2020 and 2021, has started its return since January 2022.

As the economy approaches real growth with unevenness and shortages a given, we are looking forward to the PrintPack India exhibition in Greater Noida. We are again appointed to produce the Show Daily on all five days of the show from 26 to 30 May 2022.

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– Naresh Khanna

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