The publisher is pledging to invest up to 16m in the launch of the title, which it will publish under a 30-year licence from Italian owner Mondadori.
Group production director Andy Franks said he had a "strong idea" who would print it, but details have yet to be finalised.
Emap is currently undertaking an across-the-board review of its print and repro production.
Billed as "the most modern glossy in Britain", Emap has set Grazia a British sales target of at least 150,000 copies a week. The Italian edition is oversized A4 format, gravure printed and saddlestitched, with a pagination in excess of 260pp.
Sources said there was "no reason why not" should Emap choose to go perfect-bound with its version. "Whoever they choose, they'll need to look at both printing and binding capacity," the source added.