Aajkaal’s promoters buy The Millennium Post

Acquisition of Kolkata and Delhi daily in English

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Millennium
Both The Millennium Post and Aajkaal are said to be close to the TMC government in West Bengal

The Millennium Post, a New Delhi-headquartered English language daily newspaper with editions in Kolkata and New Delhi, has been acquired by the Techno India Group. The Kolkata-based TIG owns Aajkaal Publisher, which produces the widely-read Bengali daily Aajkaal.

The Techno India Group’s managing director Satyam Roychowdhury, who is also chairman of Aajkaal Publishers, tweeted this information on 10 October 2022. “Techno India Group just added another feather to its cap through the acquisition of Millennium Post. Millennium Post is an English language daily published simultaneously from Delhi and Kolkata.” 

The Millennium Post was launched as a 16-page broadsheet daily on 2 May 2012 by Durbar Ganguly, former vice chairman and joint managing director, The Pioneer Group, who is also its editor. Its present editions, however, have been restricted to 12 pages.

Printed and published by Jaiyendra Kumar Sharma, the Delhi edition is printed at the Indian Express plant in Noida and the Kolkata edition at the Aajkaal press.

The editor Ganguly did not respond to emails sent to the id provided at the newspaper’s online portal. Roychowdhury could not be reached for an official comment.

CEO Sanku Bose, however, was recently quoted by exchange4media.com as saying that the acquisition of the English language publication is part of its long-term business strategy, and to help its media school students to gain exposure in the field. The Techno India Group runs a media school in Kolkata.

No further details of the acquisition have emerged though some media observers feel the buyout by Techno India Group could be part of its move to have a foothold in Delhi ahead of the 2024 general elections. The Millennium Post, on its part, wanted to infuse fresh life to the newspaper struggling to stay afloat after the Covid-19 pandemic.

Both The Millennium Post and Aajkaal are said to be close to the TMC government in West Bengal. Coincidentally, both newspapers, in their Kolkata editions on 15 January 2023, led with Nobel laureate Amartya Sen’s interview to a news agency, speaking about Mamata Banerjee’s “ability to become the prime minister of India.”

Another prominent Bengali newspaper run from Kolkata, Bartaman Patrika, had last year launched a Hindi-language edition, targeted at the sizable Hindi-speaking population in the city. Bartaman Patrika was founded by Barun Sengupta, a former Anandabazar Patrika journalist. Once known for its anti-Left stance, Bartaman Patrika is now considered to be close to the TMC government.

The Techno India Group operates in the education, hospitality, and healthcare industries – running a network of educational institutions in Eastern India. “A collaborator with world’s leading IT giant Hewlett Packard (HP), Techno India Group encompasses 100 knowledge campuses with 4 university campuses, 22 Engineering colleges, 12 Business schools, 18 Public schools, 2 upcoming medical colleges and 4 health care units,” its website says.

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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