"... Groucho's Record Store, which has featured in a pop video by Dundee rockers, The View, has said that 2012 has been its toughest year. But the store said it does have a future and that people are searching for old gems which can only be found on vinyl..."
and Vinyl market still not resurrected in India
"... There are a few major hurdles that need to be resolved for vinyl to be more feasible choice for consumers. For one the price has to come down. This of course has to do with the economics of demand and supply. An LP's steep price often deters buyers from making the purchase, but the purchase is pegged high due to the low availability of supply. Moreover, a number of records are collector's items which can fetch very high prices later on.
"The lack of proper record players in the market is also a drawback. The good machines- semi automatic and automatic ones are usually imported. And with the duties, it makes very little sense to purchase one. A turntable which costs Rs 5-600 in the US will cost three times in India...."
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