Indian Media Rs. 837 bn by 2010: FICCI

The Indian entertainment and media (E&M) industry is poised to grow at 19 per cent compound annual growth rate (CAGR) to reach Rs 837.4 billion by 2010 from Rs. 353 billion (Rs 35,300 crore), according to a new study. The television segment is slated to grow from its present size of Rs 148 billion to Rs 427 billion by 2010, according to a Federation of Indian Chambers of Commerce and Industry (FICCI) and PricewaterhouseCoopers (PwC) report titled Indian Entertainment and Media Industry -- Unravelling the potential.
The radio sector is projected to grow four times to Rs.12, 000 million by 2010, while filmed entertainment is slated to reach Rs 153 billion during. The print medium, according to the study is poised to grow from the present size of Rs 109 billion to Rs 195 billion. [Indiantelevision.com]