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Media and Entertainment Sector 

Media and Entertainment Sector 

Media and entertainment is one of the most booming sectors of the Indian economy. The sector is rapidly evolving and has a tremendous untapped potential stored in it. The Indian media and entertainment industry stood at Rs 43,700 crores in the year 2006 and is expected to grow at an annual rate of 19% till the year 2010.

Media and entertainment industry is one of the most flourishing sectors in India. The Indian media and entertainment industry grew from Rs 35,300 crores to Rs 43,700 crores during the year 2005-06. The liberalization of the media sector has opened up the gates of opportunities and growth. India is witnessing a revolution in this sector with the emergence of new technologies. Many companies are taking initiatives to set up digital theatres, multi-plexes, etc.

We are providing here an overview on the media and entertainment sector in India, its scope as well as job opportunities in the sector for the aspirants. 

The future of media and entertainment industry depends largely on the growth of Indian economy. The Indian economy is growing at a fast rate; thus, there is also a bright future in store for all the segments of the media and the entertainment industry. With the incomes of the people rising at a fast rate, people are spending more on their entertainment and leisure activities. India is poised to enter the period of immense growth in this sector.

The global entertainment industry is projected to reach US$ 1.8 trillion by 2015. The Indian media and entertainment industry is expected to grow at an annual growth rate of 19% to reach Rs 83,740 crore by 2010

 
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