S. Chand buys 51% stake  in Chetana Publications


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.

In 2024, we are looking at full recovery and growth-led investment in Indian printing

Indian Printer and Publisher founded in 1979 is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. It created the category of privately owned B2B print magazines in the country. And by its diversification in packaging, (Packaging South Asia), food processing and packaging (IndiFoodBev) and health and medical supply chain and packaging (HealthTekPak), and its community activities in training, research, and conferences (Ipp Services, Training and Research) the organization continues to create platforms that demonstrate the need for quality information, data, technology insights and events.

India is a large and tough terrain and while its book publishing and commercial printing industry have recovered and are increasingly embracing digital print, the Indian newspaper industry continues to recover its credibility and circulation. The signage industry is also recovering and new technologies and audiences such as digital 3D additive printing, digital textiles, and industrial printing are coming onto our pages. Diversification is a fact of life for our readers and like them, we will also have to adapt with agility to keep up with their business and technical information needs.

India is one of the fastest growing economies in nominal and real terms – in a region poised for the highest change in year to year expenditure in printing equipment and consumables. Our 2024 media kit is ready, and it is the right time to take stock – to emphasize your visibility and relevance to your customers and turn potential markets into conversations.

– Naresh Khanna

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