Have you heard? Rather than being pushed to the edge of extinction by trends in electronic publishing, English-language printed books have an unlimited future — in India:

“Books matter more in India than anywhere else we publish them,” added Makinson, whose Penguin Group is one of the world’s largest English-language publishers.

While book sales slip in most western countries, the non-academic book market in India is currently growing at a rate of 15 to 18 percent annually, as rapid economic growth swells literacy rates and adds millions to the middle class every year.

[Source: Reuters. Thanks to David Klaus for the link.]