Development of the Indian media&entertainment industry

According to a report by FICCI, India's media & entertainment industry will grow at a compound annual rate of 13% over the next 5 years to a value of 30 billion euros (1,901 billion rupees).

Following are some indications of the development of the main segments:

• games and video games: this is the fastest growing segment (+32%) and will reach a value of 492 million euros (32 billion rupiah) by 2014;
• TV: Despite the global crisis, the segment grew by 6.8% in 2009;
• films: the segment contracted 14% in 2009, but is expected to grow 9% over the next five years to a value of 2.1 billion euros (137 billion rupees);
• printing: the sector has shown moderate development (+2%) in recent years, but will reach a value of 4.1 billion euros (269 billion rupees);
• radio: the sector has been significantly affected by the recession. However, it is expected to grow by 16% between 2010 and 2014, with a final value of 252 million euros (16.4 billion rupees);
• music: the segment has an estimated size of 127.7 million (8.3 billion rupiah) and will grow at a rate of 16% to (17.2 billion rupiah).

These data highlight how Italian companies operating in this sector can find great opportunities to make themselves known in India. Let us find you too in the Indian media & entertainment sector: contact us and tell us about your internationalization project. One of our experienced internationalization consultants will study with you the best path to become the next Italian company operating in Indian media & Entertainment through FDI or Joint Venture. Contact us by clicking on the button below. The first consultation is free: don't waste any more time and build your competitive advantage.

Source: The Indian Express

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