PwC sees media surge

The Indian media and entertainment industry will grow 10.3 per cent cumulatively over the period 2009 to 2013 from Rs 56,300 crore in 2008 to Rs 92,900 crore in 2013, said a PricewaterhouseCoopers report. Animation, radio and Internet are likely to be the growth drivers.

The Indian media and entertainment industry will grow 10.3 per cent cumulatively over the period 2009 to 2013 from Rs 56,300 crore in 2008 to Rs 92,900 crore in 2013, said a PricewaterhouseCoopers report. Animation, radio and Internet are likely to be the growth drivers.

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This is lesser than the compounded annual growth rate of 16.6 per cent that the industry recorded from 2004 to 2008.