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Indian entertainment industry to grow 16.7 per cent

Indian entertainment and media (E&M) industry will touch $27 billion by 2011 at an annual growth rate of 16.7 %.

According to the report by Federation of Indian Chambers of Commerce and Industry of India (FICCI) and PricewaterhouseCoopers (PWC) Indian Entertainment industry will grow faster than its counterparts in Brazil, Russia and China (BRIC countries)

BRICs economies, Brazil, Russia, India and China( BRIC ) could become larger economy by 2050, according to Goldman Sachs research report.

Projected Indian entertainment and media (E&M) growth of BRIC countries

Russia – 8.3 %
Brazil – 7.7 %
India – 16.7 %
China – 13 %

Source: http://www.thepicky.com/

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