Where an iconic press struggles for survival

  • | Sunday | 15th October, 2017

Today, it is in profit, and there is no reason that Hooghly Printing should not be a contributor to its parent’s strength. Hooghly Printing is a subsidiary of Andrew Yule, a Central Public Sector Enterprise. Once running to full capacity, now it is knocking on the doors of the Central and State governments to get printing orders to survive. The Hooghly Printing’s turnover was ?17 crore in 2016-17 with a post-tax profit of ?3 lakh. Hooghly Printing not only printed the Constitution but was also responsible for supplying the parchment paper on which it was printed.

Tucked inside one of the many old red mansions that still dot the city skyline is a 15,000 sq. ft. space, which houses a press that had printed the Indian Constitution. But five years away from its centenary, the iconic printer is gasping for breath. How old is it? Hooghly Printing is a subsidiary of Andrew Yule, a Central Public Sector Enterprise. It came into being in 1922. This was at a time when the printing industry was in its infancy in these parts. Once running to full capacity, now it is knocking on the doors of the Central and State governments to get printing orders to survive. Hooghly Printing is part of the Andrew Yule Group of companies, which started operations in 1863 when a young entrepreneur from Scotland arrived in erstwhile Calcutta, then the Imperial capital. By 1875, the company had grown to mark its footprints in jute, tea, coal and insurance. Andrew Yule’s control passed from one sibling to another, and Sir David Yule assumed full control of the company after the death of his brother George, who had run it since 1875. By 1902, Andrew Yule had expanded its business throughout the country with over 30 businesses which included jute and cotton mills, tea and coal companies, a railway company, a paper-making company and a printing press. It even had under its control a zamindari in Midnapore district of West Bengal, where it virtually ran an administration with agriculture, forestry, fisheries, roads, schools, hospitals and dispensaries, the company’s website says. What did it print? Hooghly Printing not only printed the Constitution but was also responsible for supplying the parchment paper on which it was printed. The first few copies were printed at the Dehradun printing facility of the Indian government as these were to be the best copies. The rest were printed at HPC. Why is it in trouble? In recent times, however, Hooghly Printing’s journey has been a rough one. As printing facilities have proliferated, Hooghly Printing’s need to play by the rules of a government-owned organisation has shackled its growth, admits Andrew Yule chairman Debashis Jana. It has been printing books, brochures and the like, but it needs bulk orders to survive. What is the way ahead? It needs to modernise to put in machinery that will help it get customers. It also needs space. Andrew Yule has put in place a strategy of upgrading the unit while relocating it to an unused space in another of its units on the western precincts of the city. Alongside, it is appealing to the Central and State governments to give it orders for printing textbooks. The Hooghly Printing’s turnover was ?17 crore in 2016-17 with a post-tax profit of ?3 lakh. This thin margin is getting steadily eroded. Its parent, Andrew Yule, which celebrated its centenary year in 1963, too fell into bad days with the nationalisation of the coal and insurance business. In 1969, the government stepped in to acquire a 49% stake, making it a public sector enterprise. Its journey continued to be a rocky one thereafter and it moved to the sick bay. It has since made a remarkable turnaround. Today, it is in profit, and there is no reason that Hooghly Printing should not be a contributor to its parent’s strength. No one knows if a plaque would mark the space in Kanak Building on the arterial Jawaharlal Nehru Road, where the Constitution was printed, but it will be pity if a heritage institution like Hooghly Printing is allowed to fall by the wayside, say historians.

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