We had a lot of width but not depth.
Reason: The third-generation entrepreneur and managing director of publishing house S Chand Group grew up studying textbooks published by his family.
But the shift has been to K-12, accounting for 70 percent of the business in 2016.Regular Price:.600.00 Offer Price.420.00 Need Help?But we realised if we have to stay ahead in the race, we have to gradually shift our focus from ownership to management, says Jhunjhunwala, who drew from his own entrepreneurial experience to help grow the venture.Navneet has a presence in both the publishing and stationery businesses with a combined revenue of Rs931 crore.Today, with a major push toward digital media in education, the company is busy carving out strategies to make itself future ready.In 2012, the company saw 50 percent of its business coming from higher education.
While I am more aggressive, Dineshji is calm, composed and extremely mature.
View All 30 Off Colourful School Back Pack 0 Review(s) Brand: Mahindra Retail Pvt.
I lived in Hong Kong and prior to joining S Chand, real player 2011 version I was a part of a family business where we would assemble watches, he says.Although publishing has been our bread and butter, I was not too serious about the business in the initial years, recalls Gupta, who had brief flings with diverse entrepreneurial ventures after passing out from school in 1996.Companies which are investing in this direction will be ahead of the curve.S Chand made its first acquisition by buying out Vikas Publishers along with its imprint Madhuban for Rs150 crore in 2012.In the decade since, he has grown into the position, working closely with his brother-in-law Dinesh Jhunjhunwala, who is executive director.To visit our Archives, click here.Finally I discontinued both and couldnt escape the family business.In order to stay relevant in a business thats there for so long, you have to keep devising new strategies, says the 56-year-old, who married Guptas cousin (Rajendra Kumars daughter) in 1983.Offer Price.202.50, practise Guide Books, view All 10 Off.Subsequently, two key acquisitions were made: One was Delhi-based publisher New Saraswati House that has a strong grip on textbooks in Sanskrit, French and Indian regional languages.In the IPO, it sold 21 percent of its stake to garner Rs423 crore and it currently holds about 10 percent in the company.