The Media and Entertainment industry is one of the most booming sectors in India. In 2011, the Indian Media & Entertainment (M&E) Industry registered a growth of 12 percent over 2010, to reach INR 728 billon, says the FICCI-KPMG report. The growth trajectory is backed by strong consumption in Tier 2 and 3 cities, continued growth of regional media, and fast increasing new media business. Overall, the industry is expected to register a CAGR of 15 percent to touch INR 1,457 billion by 2016. According to the annual edition of the FICCI, the size of the Indian Media and Entertainment industry in the year 2006 was Rs 43,700 crore. The Indian Media and Entertainment industry grew from Rs 35,300 crores to Rs 43,700 crores during the year 2005–06. The sector has immense potential stored in it. After weathering the storm brought on by the worldwide financial crisis, the global media and entertainment industry is poised to take center stage again. The market holds significant opportunities for industry players and is forecast to reach approximately US $1,289 billion in 2017 with a CAGR of 5% during 2012–2017.The Indian Media and Entertainment industry, with the prominent segments being films, television, and music has earned high revenues in the recent past. The Indian Media and Entertainment industry has risen to the threshold of a large global market. The year 2005 saw the entry of new players across all the segments of the industry including Reliance. Asia Pacific (APAC), Latin America, and the Middle East are anticipated to develop rapidly, with APAC witnessing the highest growth during 2012–2017. The Indian Entertainment & Media industry can be categorized as
Media and entertainment, Indian media and entertainment, growth, categories, a Compounded Annual Growth Rate (CAGR)
