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ru24.net
World News in Dutch
Март
2016

Indian Media Industry Projected To Cross $34 Billion By 2020, Report Says

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Despite economic headwinds, caused by both local and global factors, India’s media and entertainment (M&E) sector grew by 12.8 percent in 2015, amounting to 1.157 trillion rupees ($17.45 billion), up from 1.026 trillion rupees in 2014, according to a report released Wednesday by KPMG and Federation of Indian Chambers of Commerce and Industry. The report also forecast the sector to see a compound annual growth rate (CAGR) of 14.3 percent for the next five years, with revenues of over 2.26 trillion rupees by 2020.



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