Home - MEDIA


FDI In Media Sectors

The media industry is in all its glory, with India having the largest newspaper circulation market globally, and the world’s largest film industry in terms of the number of films made per year. The media and entertainment industry is one of the fastest growing industries in India and has witnessed a surge in consumer spending. The media industry tends to grow faster when the economy is expanding, and with the current growing state of the economy in India, FDI in the media sector looks promising.

For more details, you can refer the FDI policy 2017.

India has one of the largest media and entertainment markets in the world and FDI in Indian media will provide a plethora of investing opportunities.


Industry Scenario

The Indian M&E industry is projected to grow at a pace of 14% over the period 2016-2021, outshining the global average of 4.2?GR, with advertising revenue expected to increase at a compounded Annual Growth Rate (CAGR) of 15.3% during the same period.

Television is expected to grow at a CAGR of 14.7% over the next five years as both advertisement and subscription revenues are projected to exhibit string growth at 14.4% and 14.8% respectively.

Print is projected to continue its growth at 7.3%, largely on the back of continued readership growth in vernacular markets and advertisements' confidence in the medium, tier II and tier III cities.

Films segment is expected to bounce back and is forcasted to grow at CAGR of7.7% as the revenue streams broaden.

Digital advertising is expected to grow at a CAGR of31% by 2021

Animation and VFX is expected to row at a CAGR of 17.2% over 2016-2021


  • 1
    Largest newspaper circulation market globally
  • 2
    World’s largest film industry in terms of tickets sold and number of films made
  • 3
    Second largest TV market in the world



1. February 2018 -  Chinese Internet investment company Tencent Holdings Ltd has acquired minority stake in Gaana, a leading music streaming platform, for USD 115 mn 

2. August 2017 - US based investment firm Tiger Global Management LLC has acquired a 25 % stake in 'The Viral Fever' (TVF), an online video content creator, for USD 10 mn.

3. March 2017 - Star India makes strategic investment in media tech startup Zapr.

4.March 2017  - Cinepolis, a Mexico-based multiplex chain, plans to add 160 more screens by investing around USD 59.6 mn

5. January 2017 KidZania, a Mexican chain of family entertainment centers, plans to invest USD 14.9 mn for setting up a theme park. The third KidZania in India will be somewhere in the South.

FDI Facts

87% Growth in FDI equity inflows during April 2014 – March 2017 as compared to April 2011-March 2014

7.1 bn FDI inflows (in USD) in information & broadcasting (including print media) during April 2000 - December 2017

49%  FDI allowed in local cable networks and Multiple System Operators (MSO) in non-Digital addressable System (DAS) areas

74% FDI allowed in Teleports, DTH, Multi-System Operator, cable networks in DAS areas, mobile TV and others