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Indian Industry

Current Scenario

Media And Entertainment industry is one of the most flourishing sectors in India. The Indian Media And Entertainment industry grew from Rs 35,300 crores to Rs 43,700 crores during the year 2005-06. The liberalization of the media sector has opened up the gates of opportunities and growth. India is witnessing a revolution in this sector with the emergence of new technologies. Many companies are taking initiatives to set up digital theatres, multi-plexes, etc.

India is emerging as a global destination for the Media And Entertainment players because of the following reasons:

The number of channels is increasing each day.
India is emerging as one of the world's largest markets for digital and mobile music.
Entry of private sector companies and increasing FDI and FII.
The concept of crossover movies and crossover audience is also gaining momentum.
The Indian Media And Entertainment industry is also making its presence felt in the global market with its movies and music.
India's large pool of creative skills and growing domestic market for animation and special effects industry.

Piracy and violation of intellectual property rights have posed a major threat to the Media And Entertainment companies worldwide. Lack of quality content has also become a major area of concern for the Media And Entertainment companies in India.

Given the high rate of economic growth and technological developments, Indian Media And Entertainment industry is poised to register a tremendous growth in the coming years.

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