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Indian Media & Entertainment Industry Valued at $26 Billion

May 4, 2023
Source: variety.com variety.com
News Snapshot:
The Indian media and entertainment industry grew 20% to reach INR2.1 trillion ($26 billion) in 2022, 10% above pre-pandemic 2019, according to the annual EY report released during the ongoing Frames conference in Mumbai, organized by the Federation of Indian Chambers of Commerce and Industry. The report collates data from television, digital media, film, animation and VFX, out of home media, live events, music, radio, online gaming and print. Overall, the M&E sector is projected to grow 12% to reach $28.6 billion in 2023, the report says. While television remained the single largest component of the M&E sector in 2022...
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