The Indian Media and Entertainment industry is a rapidly advancing sector and is making high growth strides. With the world’s largest newspaper circulation market and globally the largest film industry in terms of number of films made per year, the media sector is on the brink of a strong phase of growth, backed by rising consumer demand and improving advertising revenues.
India has 114,820 registered publications (newspapers and periodicals), close to 2,500 multiplexes and more than 400 mn Internet users – second largest base after China, and is expected to reach out to 640 mn by 2019.
Up to 74% FDI in the Media sector is allowed in Teleports, DTH, Multi-System Operator, cable networks in DAS areas, mobile TV, Headend-in-the-Sky Broadcasting Services: Up to 49% FDI in entertainment media allowed under the automatic route and beyond 49% (up to 74%) allowed under government route
100% FDI in media and entertainment allowed in Publishing/ Printing of scientific and Technical magazines/ Speciality journals/ Periodicals under the government route
Largest newspaper circulation market globally
World’s largest film industry in terms of tickets sold and number of films made
Second largest TV market in the world
The Indian Media & Entertainment industry will touch $34.8 bn by 2021
Projected to grow at a pace of 14% over the period of 2016-2021, the media industry’s advertising revenue is expected to increase at 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 strong 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 2 and tier 3 cities
Films segment is expected to recover from a rather slow run and is forecasted to grow at CAGR of 7.7%
Digital advertising is expected to grow at a CAGR of 32% by 2020
Animation and VFX is expected to grow at a CAGR of 20.4% over 2016-2021
Big announcement by Finance Minister Niramala Sitharaman for FDI in this year's budget.
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Atal Bihari Vajpayee's memorable 1996 Parliament trust vote speech