M&E industry grows by 12%
The FICCI-KPMG report released at FICCI Frames on 14 March 2012, registered a growth of 12% in the Indian media and entertainment industry over 2010, thereby clocking Rs 728-billon.
22 Mar 2012 | By PrintWeek India
The growth trajectory, as per the report, is backed by strong consumption in tier-2 and tier-3 cities, continued growth of regional media, and fast increasing new media business.
Overall, the industry is expected to register a CAGR of 15% to touch Rs 1,457 billion by 2016. Ad spends across all media accounted for Rs 300-billion in 2011, contributing to 41% of the overall M&E industry’s revenues. Ad revenues witnessed a growth of 13% in 2011, as against 17% observed in 2010.
Know about the Indian print industry in images. Click here to see the photo galleries.
See All