Thakur
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MUMBAI: India's entertainment and media industry is expected to double and grow to over Rs 2,27,000 crore by 2018 from Rs 1,12,044 crore in 2013, according to a report by industry body Confederation of Indian Industry (CII) andprofessional services firm PwC.
“The industry growth is expected on account of healthy growth in areas like advertisement and television industry," the report - India Entertainment & Media Outlook 2014 predicted.In 2013, the broad entertainment and media industry, anticipated to be Rs 1,12,044 crore rose 19 per cent over the preceding year.
The film segment was estimated at Rs 12,600 crore in 2013 and is projected to grow steadily at a CAGR of 12 per cent, on the back of higher domestic and overseas box-office collections as well as cable and satellite rights.
http://www.indiantelevision.com/mam/marketing/entertainment-and-media-industry-to-double-in-five-years-140917
“The industry growth is expected on account of healthy growth in areas like advertisement and television industry," the report - India Entertainment & Media Outlook 2014 predicted.In 2013, the broad entertainment and media industry, anticipated to be Rs 1,12,044 crore rose 19 per cent over the preceding year.
The film segment was estimated at Rs 12,600 crore in 2013 and is projected to grow steadily at a CAGR of 12 per cent, on the back of higher domestic and overseas box-office collections as well as cable and satellite rights.
http://www.indiantelevision.com/mam/marketing/entertainment-and-media-industry-to-double-in-five-years-140917
