Dow Jones expansion in India
Jinfo Blog

15th May 2009

By Diana Nutting

Item

The increasing importance of emerging markets to those of us engaged in information work, has been highlighted by the news that Dow Jones http://www.dowjones.com, which publishes the Wall Street Journal, and Far Eastern Economic Review among many others, plans to double its investment in its Indian operation in each of the next two years. The company expects this to lead to a significant increase in market share and expansion in the Indian domestic market, and will make India one of the company's largest operating centres outside the U.S. India is an increasingly important market for Dow Jones, where the company plans to publish a facsimile edition of the Wall Street Journal as part of its expansion. Dow Jones currently has a content sharing agreement with The Mint, published by Hindustan Times The company will set up an office in New Delhi, in addition to its current facilities in Mumbai, and headcount will jump to 70 by June, of which 70% will be journalists. The media group will also build a commercial team to market and support its products and services in the country. It is reported that Dow Jones Indian operation will focus mainly on improving content – output of journalists for the newswire – and license content as a part of its content aggregation business Factiva.

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