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According to a FICCI-PWC report, the Media and Entertainment industry is currentyl at Rs. 43,700 crore, and is expected to grow at a CAGR of 18 percent to touch Rs. 1,00,000 crore by 2011, reports the Financial Express. The report will be released at FICCI Frames in Mumbai on 26th March. Some tidbits, from FE and ET, until then:
— Internet Advertising Industry is at Rs. 160 crores, and expected to grow at a CAGR of 43 percent to tough Rs. 950 crore by 2011
— TV to is at Rs. 19,100 crore, and expected to grow at a CAGR of 22 percent to hit Rs 51,900 crore by 2011
— Film and Entertainment is at Rs. 8,500 crore, and expected to grow at a CAGR of 16 percent to Rs 17,500 crore. Home video to grow at 31 percent
— Print media is at Rs.12,800 crore, and expected to at a CAGR of 13 percent to Rs 23,200 crore by 2011.