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Media and entertainment projected to be $100-billion industry by 2030

Link [2022-03-18 20:52:55]

The Indian media and entertainment industry is one of the fastest growing media industries in the world and is projected to reach USD 100 billion by 2030, Apurva Chandra, Secretary, Ministry of Information and Broadcasting (MIB), said on Friday. Chandra, who inaugurated the Media and Entertainment Week at Dubai Expo's India Pavilion, said the media and entertainment industry in India is currently valued at USD 28 billion and highlighted that the country has the talent and creative skill required in the industry. Speaking at a round-table discussion organised at the India Pavilion on "Collaborating for Animation, Visual Effects, Gaming, and Comics (AVGC) content creation with India", Chandra said, "The Indian media and entertainment industry is one of the fastest growing and the most visible in the world." "The Indian media an entertainment industry is valued at USD 28 billion and is projected to reach USD 100 billion by 2030, growing at a cumulative growth rate of 12 per cent. India