Events

Indian M&E sector crossed INR 2.3 trillion in 2023, expected to reach INR3.1 trillion by 2026, reveals the FICCI-EY report The latest FICCI-EY report titled ‘#Reinvent: India’s media & entertainment sector is innovating for the future’, launched at the FICCI FRAMES 2024 in Mumbai, revealed that the Indian M&E sector grew by 8% in 2023, reaching INR2.3 trillion (US$27.9 billion), 21% above its pre-pandemic levels in 2019. New media, comprising digital and online gaming, emerged as the frontrunner in growth, contributing INR 122 billion of the overall increase of INR 173 billion, and consequently, increased its contribution to the M&E sector from ...

Day-3 of FICCI FRAMES 2024 was dedicated to LEAP (Leveraging Education to Accelerate Progress), a platform designed to centre discussions on enhancing skills and education within the Media & Entertainment (M&E) sector. It facilitated dialogue between industry and academia, addressing challenges, highlighting opportunities, and fostering collaborations to nurture professional growth and cultivate a workforce future-ready workforce for the media and entertainment industry. The M&E industry, surpassing INR 2.3 trillion in 2023 and projected to reach INR 3.1 trillion by 2026, underscores its resilience and potential for economic growth and innovation. To further this growth, emphasis is needed on skill-building and ...

Indian Media & Entertainment Sector Grows 8% in 2023, Digital Media Poised to Surpass TV, Reports FICCI EY launched at FICCI FRAMES 2024 At FRAMES, an annual conclave hosted by the Federation of Indian Chambers of Commerce and Industry (FICCI) industry stakeholders unpacked factors that are shaping M&E businesses today. Themed ‘Reflections. Realities. Road Ahead’, the 2024 FICCI FRAMES helped industry stakeholders, media professionals, and policy experts and practitioners reflect on past trends, lay out present challenges, and look ahead to a future of sustainable growth in the face of technological and economic unpredictability. Participants focused on varied themes that ...