Indian media industry set to grow to Rs 365,000 crore by 2028, driven by digital ads and online gaming.

The Indian entertainment and media industry is forecast to reach Rs 365,000 crore by 2028, growing at a CAGR of 8.3%, well above the global rate of 4.6%. Advertising revenues, particularly digital, are expected to surge, with internet advertising growing at 15.6% to Rs 85,000 crore. Online gaming and esports, along with OTT platforms, are key drivers, projected to grow at 19.2% and 14.9%, respectively. Improved connectivity, advertising growth, and favorable FDI policies are boosting the sector.

December 09, 2024
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