Retail Market
India Update
INDIA — you may never have been there, but there's a pretty
good chance the sound of your voice has, if you've made any
tech support calls lately. The country's emergence as a provider
of such services, however, is only one aspect of a much broader
transformation underway.With rapid economic growth and a
huge expansion in education that is fulfilling the culture's deeply
ingrained respect and thirst for knowledge, India appears to be
on course for occupying a key position in the global economy.
This is good news for Wiley. Along with China,
India is a pivotal part of our Asian strategy, and
the market there is healthier than it has ever
been; our year-to-date revenue is up 12 percent
against plan, 24 percent against prior year. "I
have never seen a market as buoyant as this,"
says Peter Booth Wiley, Chairman, recently
back from a 10-day trip timed to coincide with
the Delhi Book Fair, held every February. "It's
exciting to see such enormous vitality."......
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Approximate Pages: 23 (250 words per double-spaced page)
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