You are on page 1of 1

Indian Media & Entertainment Industry: Brief Introduction India's media and entertainment (M&E) industry registered an overall

growth of 12.6 per cent, from Rs 728 billion (US$ 11.74 billion) in 2011 to Rs 821 billion (US$ 13.24 billion) in 2012, according to a joint report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG. India has a population of over 1.2 billion. The sheer numbers give the M&E industry in the country a tremendous opportunity for growth. Some time back, the thought of reaching and engaging with such a vast and diverse population seemed improbable. However, today, the industry is armed with digital technologies, state-of-the-art mobile devices, penetration of broadband and digital cinema, and a government that fully backs the sector. Increasing digitisation along with higher internet usage has galvanised the sector over the last decade. The Internet has almost become the top media for entertainment for most of the people.

You might also like