Telangana, is spread in 1,14,840 square kilometers, and has 66.46 per cent literacy rate with a population of 3.52 crore. Even 1% rise in literacy will result in printing industry receiving a fillip to its growth and development. Definitely there will be a faster pace in this area and the industry will expand beyond imagination. Needless to say, with consumer market growing by leaps and bounds and with customers insisting on quality packaging, the demand for printed products will be perennial and always on the rise. It therefore becomes imperative for the printing and packaging industry to fulfill this demand and rise to the occasion without any complacency in this regard.
General Status of Printing Industry
From global perspective, printing industry in general has been the second largest industry after automobile industry. The Indian Print Industry has undergone a revolutionary change in the last 15 years. In 1990, India initiated a process of reforms aimed at shedding protectionism and embracing liberalization of the economy. Privatization was initiated with the aim of integrating the [[Indian economy]] with the world economy. This change opened the doors for the Indian Print Industry to modernize, by investing in the latest of technology and machinery. The average compounded annual growth rate has been higher than 12% over the last 15 years. Our packaging industry is currently growing at a rate of more than 16% a year.
Prior to 1990, most printers found it easy to invest in East German and Czechoslovakian machines. Post 1990, the trend has been to acquire the latest and the best equipment and machines. The progressive printers of today are equipped with the latest computer controlled printing machines and flow lines for binding, while state of the art digital technologies are being used in pre-press. Leading print companies have optimized the use of information technology in each and every area of their business. These printers are today equipped at par with the best print production facilities in the world.
Printing industry which has shifted its status from manufacturing sector to services sector shares its success with other players. 95 per cent of the revenue from services sector was contributed by the capital city of Hyderabad and surrounding areas. In 2012-13, the service sector at Rs 1.81 lakh crore contributed 54 per cent to the GSDP (at current prices). It was followed by the industry sector, contributing 28.8 per cent at over Rs 96,000 crore and the agriculture sector’s contribution was at 17.2 per cent at over Rs 57,000 crore. Printing industry shares its growth and success by playing a very active role both in industry sector and service sector.