India's Seagull Books: Building a Global Business by Trusting in Translators

PublishingPerspectives Based in Calcutta, India, Seagull Books has become a high profile publisher through a rather unexpected means: by buying world English rights and printing English-language translations of European literature — something that, in the past, was generally the providence of US/UK publishers. 
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DISCUSSION:
What Advice Would You Give to the Publishers of the Future?
Would you tell them to focus on fundamentals or forge a path of their own?