You are here: Home » PTI Stories » National » News
Business Standard

Penguin Random House India acquires Hind Pocket Books

Topics
Entertainment Culture

Press Trust of India  |  New Delhi 

Penguin Random House India tonight announced its acquisition of Hind Pocket Books, one of the oldest Hindi language publishers in the country.

Vaishali Mathur, previously responsible for Indian language publishing and rights at Penguin Random House (PRH) India will be Editor-in-Chief of Hind Pocket Books.

Nandan Jha, senior vice president at PRH India, will in his expanded role have the additional responsibility of building the Indian language publishing programme, in addition to heading sales and product for the company.

Established in 1958, Hind Pocket Books is widely considered as pioneer in publishing Hindi and Urdu paperbacks in India, and has an impressive list of critically acclaimed and commercially successful titles.

It has published some of the most renowned authors from the subcontinent and across the world, including Amrita Pritam, Shivani, Acharya Chatursen, Gulshan Nanda, Narendra Kohli, Khushwant Singh and R K Narayan.

Its titles and authors have won several prestigious awards.

The acquisition of Hind Pocket Books will build further on PRH India's presence in local language publishing, to which it has been committed for over a decade. Penguin began its Hindi publishing programme in India in 2005, and has built a significant catalogue of acclaimed titles over the years.

"This acquisition represents our commitment to expand our local-language publishing as we continue to implement our global strategy of growing in our key markets such as India," said PRH CEO Markus Dohle.

According to Shekhar Malhotra, managing director of Hind Pocket Books, "It is only fitting that today our company chooses to hand over its legacy to Penguin Random House India, which will build on this remarkable publishing programme and bring to the forefront our rich cultural heritage of literature and the arts."

PRH India CEO Gaurav Shrinagesh termed it as a landmark acquisition which "reiterates our commitment and passion to grow publishing and readership" in the region.

"Malhotra will be advising our team over the course of the next 12 months, as this will allow us to gain from his rich experience to further build a platform for original language publishing and translations," he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, June 28 2018. 21:30 IST
RECOMMENDED FOR YOU