10 Jan 2011

Careers in Media & Entertainment Industry

The Indian media and entertainment (M&E) industry is one of the fastest growing industries in the country. Its various segments—film; television, advertising, print and digital among others—have witnessed tremendous growth in the last few years. According to a 2009 report published jointly by FICCI and KPMG, the media and entertainment industry in India is likely to grow at a compound annual growth rate (CAGR) of 12.5 per cent per annum and touch US$ 20.09 billion by 2013. In terms of purchasing power, India has now become the world’s fourth-largest economy. With an estimated 30 million Indians joining the ranks of the middle class every year, it is of little surprise that their appetite for entertainment, desire for greater choice and willingness to pay for sport, films and other content is rapidly refiguring the marketplace. India’s staggering demographic profile i.e. “in 2020 the average Indian will be 29 years old or …

Read the rest of this entry »