Media and entertainment industry in 2017 grew by almost 13 percent to reach Rs 1 5 trillion: FICCI – EY report 2018

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Mumbai, March 06, 2018: The Indian M&E sector touched Rs 1.5 trillion in 2017, a growth of almost 13 percent over 2016. With its current trajectory according to the latest FICCI-EY report ”Re-imagining India’s M&E sector”, the sector is expected to touch Rs 2 trillion by 2020, at a CAGR of 11.6 percent.

The growth according to the report was led by the digital segment. India saw the birth of the digital subscriber with these subscribers making a strong impact on the sector at a growth rate of 50 percent.

UNI