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The future of Media And Entertainment industry depends largely on the growth of Indian economy. 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. With the incomes of the people rising at a fast rate, people are spending more on their entertainment and leisure activities. India is poised to enter the period of immense growth in this sector.
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.
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