Indian entertainment sector to hit ₹1.3 lakh cr in 2016
The Indian media and entertainment sector is growing at a year-on-year growth rate of 10-12% and can reach ₹1.3 lakh crore revenue by 2016 end, according to a CII report. While television industry is growing 11% annually, the print industry has been growing at 6%, it added. Further, the volume of content produced has grown 500% between 2010-2015, it said.