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Screen Image and Sound (New Media) Sector Review

Definition and scale of sector

  • Recorded media manufacture,
  • Media production, distribution,
  • Content developers,
  • Specialist business services,
  • Content creators (education community/museums, etc.)

Why the sector was chosen in the West Midlands

  • Nucleus of highly successful internationally competitive production companies, including firms focusing on the under-5s market.
  • Strong skills base from traditional broadcasting industry

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Media & Entertainment Sector Report - November 2010

Media, the fourth estate, when entwined with the entertainment component represents an effective facet of consumers in India. Technology has played a key role in influencing the entertainment industry, by redefining its products, cost structure and distribution.
The Indian Media and Entertainment (M&E) industry stood at US$ 12.9 billion in 2009 registering a 1.4 per cent growth over last year, according to a joint report by KPMG and an industry chamber. Over the next five years, the industry is projected to grow at a compound annual growth rate (CAGR) of 13 per cent to reach the size of US$ 24.04 billion by 2014, the report stated.
Similarly, PricewaterhouseCoopers (PwC) in its report titled ‘Indian Entertainment & Media Outlook 2010’ predicts that the industry is poised to return to double digit growth to touch US$ 22.28 billion growing cumulatively at a 12.4 per cent CAGR to 2014.
The Indian animation industry is expected to grow at 20 per cent to reach US$ 253 million by 2013 from the current US$ 122 million, according to a study by Deloitte and an industry body. The Indian gaming market alone has been estimated at US$ 239 million and is expected to grow at a compounded annual growth rate of over 50 per cent to reach US$ 1.3 billion by 2013.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

 

Creative & Media opportunities in India - July 2010

Why India?
•Contemporary creative industries in India are intricately connected to the entertainment and media sectors.
•A growing middle-class with increasing disposable incomes, facilitated by the growth in retail infrastructure for entertainment products and services, and the demands for creativity in business are all opening up vast opportunities for businesses in this sector.
•These industries have been (consistently) growth sectors within the Indian economy for several years now.
•Very receptive to overseas expertise and technologies that add value to their content and increase production and distribution efficiencies.
•Largely open and liberalised for FDI. 100% FDI possible in most areas except print media (news and current affairs restriction of 26%) and DTH broadcasting and FM broadcasting (cap at 20%).
•In addition to the UK, the USA, Japan, Canada, Australia, France, Germany, Singapore, Australia, South Africa and New Zealand are all actively exploring business and investment opportunities in India and with Indian companies.
•The Indian creative and media industry size is estimated well above £8 billion (2008 figures) and is estimated to be growing at 12.5%.
•Television, Print media, Filmed entertainment, Radio, Animation & Gaming, Outdoor advertising and Music are some of the key entertainment sectors. Design and Publishing are the other substantial creative industry segments.

Source: UK Trade & Investment

FOR THE FULL REPORT PLEASE CLICK HERE

 

You've got creative - A Report from Business Standard - June 2008

Creatives made in India are being delivered all over the world. Indian talent is getting recognised. Can they handle developed-market sensibilities? Chances are that you would not have heard of Basil Communications, which occupies a 10,000 square foot, four-level office in Bangalore, or of Eon Premedia, based in Noida, on the outskirts of Delhi. Idea would perhaps make you think of the mobile operator, not of a company based in Kolkata.

Source : Business Standard

FOR THE FULL REPORT PLEASE CLICK HERE

 

Creative and Media Sector - India - A Report from UKTI - May 2008

The contemporary creative industries in India are intricately connected to the entertainment and media sectors of the economy, and are considered to be a part of the growth sectors of the Indian economy.

These industries are known to be very receptive to overseas expertise and technologies so as to add value to the content of their outputs or to increase the efficiencies of their production and distribution processes. Thus there is a large business opportunity (in terms of equipment sales, knowledge and technology transfer, marketing and distribution arrangements, project management and consulting, software development, and others) to be exploited. In addition to several UK companies, USA, Japan, Canada, France & Germany, Singapore, Malaysia and Australia are all present in the market and working at tapping a sizeable portion of these opportunities.

Source: UK Trade & Investment

FOR THE FULL REPORT PLEASE CLICK HERE

 

Media & Entertainment Sector Report from IBEF - April 2008

The Indian Media and Entertainment (M&E) industry is poised to enter a golden era. One of the largest markets in the world, the industry is seeing strong growth and has the potential to garner US$ 200 billion by 2015.
In 2007 the Indian media and entertainment industry grew 17 per cent over the previous year, touching the US$ 11.92 billion mark, according to a joint report by industry body the Federation of Indian Chambers of Commerce and Industry (Ficci) and audit firm PricewaterhouseCoopers.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

The Indian Entertainment & Media Industry - Sustaining Growth - January 2008

The Indian E&M industry has been growing at a healthy rate in the last few years and the trend is expected to continue for the next few years. This year, certain new segments such as online advertising, gaming, animation, sports entertainment have demonstrated immense growth potential and new digital delivery platforms such as Digital Cinema, Mobile Music etc. are poised to bring in new sources of revenue to the industry. The television industry is witnessing influx of new channels every year with surfacing of niche genre's. The distribution platform is also changing with DTH gaining momentum and IPTV and mobile TV in the foray.

Source: Federation of Indian Chambers of Commerce and Industry (FICCI) & PricewaterhouseCoopers Pvt. Ltd.

FOR THE FULL REPORT PLEASE CLICK HERE

 

Art Attack - A Report from IBEF - December 2007

Indian artists have never had it so good. Each time the auctioneer's hammer falls, Indian artists seem to strike gold. The one vital fact of these transactions is that not all buying is for the love of art alone but because of possible dividends they are likely to accrue in the future. Which is why, Indian artists across the spectrum, from the Masters to newbie's are being lapped up. Indian auction house Osian's - Connoisseurs of Art, totalled a turnover of nearly a million dollars for their Masterpieces series held earlier this year. Recently, Laila Khan Rajpal, one of India's contemporary artists, saw her work sell for double the opening price at a London auction.

The windfall began ever since Tyeb Mehta's painting 'Mahisasura' sold for $1.58 million at a Christie's New York auction in September 2005. Just a day earlier at a Sotheby's Indian sale, a Ram Kumar painting sold for $396,800. The revival of interest even saw Amrita Shergil's painting, 'Village Scene' being resold at $1.7 million in the same year. It had been sold for around $27,000 in 1992.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

 

When the majors come marching in - December 2007

When Walt DisneyCompany's Mark Zoradi came calling onIndia on April 2, he told India Now that Disney had identified India along withRussia and China as the target markets that would power the entertainment major's growth over the next decade.

Zoradi, president of Disney's film distribution arm, Buena Vista International, said the company had lined up a series of multi-strategy investments over the next three years.

The $30 billion entertainment conglomerate's plans included Buena Vista and its sister brand Touchstone lining up a slew of high-profile movie releases for India, almost coinciding with the releases in the US.

FOR THE FULL REPORT PLEASE CLICK HERE

Source: India Brand Equity Foundation (IBEF)

 

Film Post Production Familiarisation -Visit to Mumbai- UKTI - November 2007

The familiarisation visit to Mumbai, India which took place from the 15-23rd November 2007 was the first organized market visit to the region by elements of the UK film and broadcast post production industry. The visit was led by Keith Moses, ITA, London International Trade Team, with some funding from the Market Visit Scheme. 12 delegates from the London region took part in the visit. The delegation comprised of Warner Bros Entertainment, Skillset, Audio Networks, Ascent Media, Soho Editors Training, Men from Mars, Scrub//HHB, Evolutions TV, CGX, AKA Design, and The Club. Four of these companies used OMIS to identify contacts ahead of the visit.

Source: UK Trade & Investment

FOR THE FULL REPORT PLEASE CLICK HERE

 

Media and Entertainment - Overview from IBEF - August 2007

The Indian Media and Entertainment sector is poised to enter a golden era. One of the largest markets in the world, the industry is seeing strong growth and has the potential to garner US$ 200 billion by 2015.

Source: India Brand Equity Foundation (IBEF)

FOR THE FULL REPORT PLEASE CLICK HERE

   

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