The Wall Street Journal Asia,the regions leading international business newspaper,on Monday commenced printing in India in a comprehensive arrangement with The Express Group.
The Wall Street Journal Asia will be printed Mondays through Fridays at The Express Groups print sites in New Delhi and Mumbai. The paper will be delivered the same day to individual and corporate subscribers and will be available at newsstands in major Indian cities.
The launch of the locally printed edition follows the Indian governments decision earlier this year to allow foreign investment in the publication of facsimile editions of foreign newspapers and its approval of Dow Jones & Company’s proposal to publish a facsimile edition of The Wall Street Journal Asia in India. Todays launch also follows the debut in February of a new regional Journal online homepage for India (www.india.wsj.com) and WSJ.com Mobile Reader.
Journal readers in India now have access to actionable and insightful news and information from the most respected name in financial journalism, said Todd Larsen,chief operating officer,Dow Jones Consumer Media Group. This latest investment in our brand is part of Dow Joness commitment to growing our business in India and across Asia at a time when a number of media owners are retrenching.
We are delighted to better serve our readers by making The Wall Street Journal Asia available at daybreak for the first time in India, said Christine Brendle,managing director,Asia,Dow Jones Consumer Media Group and publisher of The Wall Street Journal Asia.
For The Express Group,this partnership is a natural one. We have always stood for more choice and competition in the media space and letting Indian readers access international publications. So we are delighted to help bring The Wall Street Journal Asia to homes and offices across the country, said Editor-in-Chief of The Express Group,Shekhar Gupta.
Todays launch is a truly significant milestone in recognition of Indias increasingly prominent role on the world economic stage, said Suman Dubey,editor and publisher of WSJ Publishing India PL. There is unprecedented demand for business and financial news among Indias business,opinion and community leaders,who need authoritative and trusted news and analysis about the global economy and international affairs.
The Wall Street Journal Asia,which was founded in 1976 and has a total circulation of 80,090 (Hong Kong ABC,July-Dec 2008),is also printed at nine other locations in the Asia-Pacific region.