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To be noted, India has 260 mn registered students, 1.5 mn schools and 8 lakh colleges. In the next three years it is an estimate that about 1 lakh schools will open in India, so the opportunity for writing instruments is high in India.
The built in appliance industry size in organized sector in India is assumed to be almost 650 to 700 Crores
A growing demand for quality stationery has been felt over the last few years. With the ever-thriving education sector and a rise in corporate offices, stationery retail in India is stacking up its profit and is ‘bound’ to succeed.