Domestic sales of the printing machinery manufacturing sector had almost doubled from Rs. 6,800 crore in 2009-10 to Rs. 13,200 crore in 2015. A similar trend is seen in exports which has gone up from Rs. 655 crore to Rs. 1,255 crore in the same period.
The Printing Industry is one of the biggest and fastest growing sectors in India and is estimated that more than 2, 50,000 printing presses of small, medium and large sizes exist in India, with a capital investment of over $ 2 billion. As per one of the Economic survey reports, the current annual turnover in Printing Industry has been to the tune of 50,000 crores in Indian rupees. The Capital Investment in this industry is over 83,000 Million rupees. The collective growth of Indian printing and packaging industries has a compound growth rate of over 13%.
The Indian printing industry may reach 374 Billion in Indian rupees by the end of 2018. According to an estimate, the printing industry in India provides direct employment to more than 700,000 people and indirect employment to over another 450,000.