
Indian Media is witnessing a revolution presently. With the changing face of India the Media is changing too. The Indian economy is growing at a fast rate; thus, there is also a bright future in store for all the segments of the media and the entertainment industry. Animations, multiplexes, new distribution channels, the use of Internet, are redefining the entertainment industry. All these factors will favour the growth of Media And Entertainment industry in India.
The global entertainment industry is projected to reach US$ 1.8 trillion by 2015. The Indian Media And Entertainment industry is expected to grow at an annual growth rate of 19% to reach Rs 83,740 crore by 2010.
The expected CAGR of various segments of the Media And Entertainment industry in India till the year 2010 is as follows:
The projected size of the various segments of the Media And Entertainment industry in India till the year 2010 is as follows: