System and method for text localization in images

System and method for text localization in images are disclosed. In an embodiment, a line and graphic eliminated image is received. Further, horizontal projection is performed on rows of the image to obtain a first flag vector, the flag vector indicates whether there is text in each row. Furthermore, a number of run-lengths of consecutive 1's and 0's is computed in the first flag vector. Moreover, text lines is extracted in the image based on the computed number of run-lengths of consecutive 1's and 0's in the first flag vector. Also, vertical projection is performed on the text lines to obtain a second flag vector for the text lines. Further, a number of run-lengths of consecutive 1's and 0's is computed in the second flag vectors. Furthermore, text is localized in the image based on the computed number of run-lengths of consecutive 1's and 0's in the second flag vectors.