Art & Entertainment
The Indian media and entertainment industry (M&E) is one of the country’s fastest growing sectors. In recent years, there has been tremendous growth in movie, television, marketing, online and print media and music among others.
It is further anticipated that the media and entertainment industry in India will develop steadily over the next five years. Industry earnings from US$ 17.0 billion in 2014 are probable to exceed US$ 32.7 billion by 2019, increasing at a compound annual growth rate (CAGR) of 14.0% between 2015 and 2020. With a majority of the population below the age of 35 and rising disposable income in Indian homes, the average media and entertainment industry spending in India is likely to expand significantly.
The Indian entertainment sector players are venturing overseas to tap this booming segment with the increasing popularity of Indian content on the global market in general and South Asia in specific. As a result, many Indian national players have established distribution weapons abroad and joined major global media & entertainment conglomerates in joint ventures. Other fields of entertainment content such as music and television, apart from movies, also have an enormous global market potential. It is anticipated that the combined value of Indian media and entertainment content sold abroad will rise by more than 20 percent annually.
The ever-expanding developments and the introduction of new media present the sector with many possibilities and difficulties. In addition, corporation and fast technological advances have now partnered with the creative and artistic minds in order to introduce disciplined attitude and professionalism to this sector. Furthermore, the ever-changing laws and regulations play a crucial role in defending and protecting this industry’s interests.
Leisure is one of India’s most exciting industries at the moment. According to WTTC, India is recognized as the fastest developing market leader promoting hospitality, entertainment, and recreation. India attracts both visitors and entrepreneurs to invest in the profitable hospitality, entertainment and recreation industries. With a population of over 1 billion, about 30% below 20, and financial development set to continue at over 6% annually, the amount of customers can only rise.
While the industry is evolving throughout India, significant projects are scheduled in Western and Northern India’s metropolitan towns, suburbs and other significant towns. Interest is not restricted to entrepreneurs in the leisure company. Consultants are starting to concentrate on the leisure industry’s company opportunities.
HSAG has developed a distinctive niche focusing on all of this industry’s significant sections. With its profound understanding, ongoing research and concentration on this sector, we are able to provide the organisation in these sectors with a practical, result-oriented bouquet of services.
We provide professional services to the following main segments:
- Content manufacturers for TV channels
- Producing, distributing and exhibiting films
- Events and live concerts
- Music advertising and creative media
- Print media
- Internet content media