Wednesday, March 15, 2006

India/Predictions on Media Growth

The Times of India: Entertainment, media to grow 19%: Study

"The Indian entertainment and media (E&M) industry is poised to grow at an annual compounding rate of 19% per annum to reach at Rs 83,740 crore by 2010, from the present size of Rs 35,300 crore, according to a Ficci-PricewaterhouseCoopers report Indian Entertainment and Media Industry Unravelling the Potential. The main drivers for such a high growth are rising income level, consumerism coupled with technological advancements and policy initiatives taken by government, the report said."

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