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“This facility, our fourth manufacturing operation in India, positions us to meet industry growth and<br />
enables us to better serve our customers with <strong>the</strong> broadest range of products in <strong>the</strong> industry,” he said.<br />
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Encyclopedia Britannica bullish on India plans<br />
After deciding to end <strong>the</strong> publication of its 32-volume printed encyclopedia, Chicago-based Encyclopedia<br />
Britannica says it would launch more online learning and knowledge products in India.<br />
The Indian market, in which Encyclopedia Britannica has been present for 12 years, accounted for about<br />
five per cent of <strong>the</strong> company’s global print sales, as <strong>the</strong> share of North <strong>American</strong> and European markets<br />
diminished. It has sold around 1,100 of each edition in <strong>the</strong> country over <strong>the</strong> past 30 months.<br />
However, Leah Mansoor, senior vice-president (international business), in an email interaction with<br />
Business Standard, said <strong>the</strong> decision to close <strong>the</strong> print <strong>version</strong> was unlikely to have an impact on its<br />
financials operations, as print accounted for just one per cent of its global revenue. The company has a<br />
history of 244 years, with <strong>the</strong> first encyclopedia sold in 1768.<br />
It has big plans for <strong>the</strong> Indian market, given <strong>the</strong> importance given to education in <strong>the</strong> country, Mansoor<br />
said. “Our focus now is on <strong>the</strong> school market, for which we offer a series of electronic knowledge and<br />
instructional services. We recently launched <strong>the</strong> Indian <strong>version</strong> of our Britannica School Online service,<br />
which aligns to <strong>the</strong> curriculum in India and includes learning materials for both teachers and students.<br />
We are looking forward to adapting and launching some our instructional material in science and math,”<br />
Mansoor said.<br />
“This is an ongoing development process that would be aligned with <strong>the</strong> Indian market needs. Our<br />
consumer web strategy is global and India also takes part in it,” he added. Encyclopedia Britannica India<br />
saw double-digit growth in financial year 2010-11 and expects similar growth over <strong>the</strong> next two to three<br />
years, Mansoor said.<br />
“We launched our first curriculum books in math, social studies, science and general knowledge three<br />
years ago and our sales have grown dramatically ever since,” Mansoor said.<br />
Last year, Encyclopedia Britannica entered into a partnership with telecom player Airtel for providing<br />
free access to its volumes to broadband users. “We received some exposure, increased traffic to our<br />
web properties and, most importantly, we started to co-host <strong>here</strong> in India in order to improve <strong>the</strong><br />
quality of our online services,” Mansoor added.<br />
Encyclopedia Britannica India has two primary divisions — consumer and institutional. The consumer<br />
division handles <strong>the</strong> sales of books, CDs and online subscriptions to consumers and trade as well as<br />
handling B2B relationship with original equipment manufacturers and co-publishers.<br />
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Dunkin' Donuts to introduce savory products at outlets in India<br />
Quick service Restaurant Company Dunkin' Brands will localize its menu in India to have savory products,<br />
John Costello, Dunkin Brands' chief global marketing and innovation officer, says. In China, for instance,<br />
Dunkin' Donuts not only retails chocolate-flavored doughnuts but also rice-based doughnuts called<br />
Mochi rings and milk tea. In Singapore, it offers Kaya (coconut-based) doughnuts.<br />
The <strong>American</strong> firm which has a presence through its 462 Baskin-Robbins outlets in India will open its first<br />
Dunkin' Donuts store in New Delhi in <strong>the</strong> first half of 2012. It is betting on NBA player Lebron James to<br />
promote both brands in India, besides China, Taiwan and South Korea. Costello says India's economy