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Media and entertainment industry likely to grow at 14% by 2021

Media and entertainment industry likely to grow at 14% by 2021

Tuesday, March 21, 2017, 5:24 PM

The Indian media and entertainment (M&E) industry is expected to grow at a compounded annual growth rate (CAGR) of 14% to touch Rs 2.41 trillion by 2021 with advertising revenue expected to grow at 15.3% during the same period to reach Rs 1.07 trillion. In 2016, the M&E sector grew at 9.1%, while overall advertising grew at 11.2% over 2015.
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