Ashling O’Connor in Bombay and Dan Sabbagh
Download your 2 for 1 Pizza Express voucher
The Daily Mail newspaper formula will be reinvented in India with the launch this week of a 48-page tabloid written in English and aimed at the country’s emerging middle classes and neglected female readers.
Mail Today, a joint venture between Daily Mail and General Trust (DMGT) and the family run India Today Group, goes on sale in Delhi on Friday with an initial print run of 120,000, aimed at the nine million English-speakers in the capital and regions near by.
The new title, with a cover price of 2.5 rupees (3p), aims to reproduce the Daily Mail’s campaigning style of journalism. DMGT is helping with the design and the editorial approach. It will not say how much it is committing to the venture, but official figures say that the total is £2.2 million.
It is the first time that DMGT has invested in developing a leading newspaper outside Europe, although the British company is conscious that it is a minority partner. DMGT holds 26 per cent, the maximum permitted.
India Today Group is known for highbrow publications such as its flagship magazine India Today. Aroon Purie, Editor in Chief of the Indian group, is an admirer of Britain’s Mail and the two companies quickly came together to strike an agreement.
Mr Purie said that the new title would have a “differentiating factor” in a crowded market. “Existing newspapers are bland. There is a space for one that has attitude and takes a stand,” he said. “It will be of the format and style of the Daily Mail and will appeal to Indian women, who have been ignored.”
The paper will be edited by Bharat Bhushan, formerly the Delhi editor of The Telegraph, the Calcutta-based newspaper.
DMGT recognises that Indian readers are more interested in politics, for example, than their British counterparts. However, industry insiders said that it would be a challenge to convince Indian readers that the paper would be serious about its news: traditionally they have associated tabloid formats with downmarket journalism.
“It will be a hurdle,” Raju Narisetti, managing editor of Mint, the business newspaper that began publishing in February, said. Mint, which is co-owned by HT Media, owner of the Hindustan Times, and The Wall Street Journal, chose the larger, more expensive Berliner format for that reason.
Mail Today is taking on a powerful duopoly of upmarket English-speaking publications. The Times of India has a daily circulation of 2.8 million, followed by the Hindustan Times, with more than 1.2 million copies a day.
The biggest challenge for a new title is distribution, according to Mr Narisetti. “Street hawkers still control the delivery. There is no way around them and you have little leverage except your commission,” he said. “There is some brand pull and you can create demand with advertising, but the battle is won door-to-door.”
Mail Today will use India Today Group’s magazine distribution network. It has 100,000 subscribers to India Todayin Delhi. The paper will be printed by Dainik Jagran, the biggest-selling Hindi daily.
Associated’s investment in Mail Today is 180 million rupees (£2.2 million), according to the official application, which was cleared last week by the Foreign Investment Promotion Board (FIPB). This assumes an enterprise value for the start-up of about £9 million.
There are more than 2,200 newspapers and magazines competing for attention in India, but nearly three quarters of advertising revenues come from Delhi and Bombay.
Articles from our sister site WSJ.com:
You may be asked to subscribe to read certain articles
Industry sectors news at a glance. Interactive heatmap, video and podcast
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
2006/06
£POA
Surrey
2009
£114,950
Derbyshire
The best policy at the
best price
Be Wiser Insurance
£POA
Surrey
Highly competitive six figure
Nationwide
Swindon
Competitive benefits package
Chartered Institute of Builders
Ascot
Competitive salary + benefits
NHS Direct
London
£125K
Meltwater News
Nationwide Positions
With Part Exchange Crest Nicholson could get you moving.
Award-winning riverside development, SW11.
Luxury apartments for sale from £350,000.
Find out more about our luxurious apartments and houses for sale in the heart of Sussex.
for sale in the French Alps
from E189,000.
We're offering extra savings on Voyager & Adventure of the seas Mediterranean Cruises fr £549.
Book by 28 Feb!
Includes 3* accommodation throughout, a 15 minute Apollo night helicopter flight down the Las Vegas strip and United Airlines flights from Heathrow.
Same break by air costs £189. Valid for weekend travel until 31 Aug 10.
Get covered on your travels with a superb range of policies at great prices
Visit InsureandGo.com
Family friendly villas with Quality Villas. Book with the specialists.
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Milkround
Copyright 2010 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.