India's Media & Entertainment market
According to PwC, India continues to be one of the top three markets for global collaborations in entertainment and media, because of a 'relatively friendly foreign investment regime'.
India's media and entertainment market is expected to grow 18.5 percent a year to reach $36 billion by 2012, while the Asian industry will likely grow 8.8 percent a year over the next five years to $508 billion, PwC estimates. Other emerging markets set for rapid growth include Saudi Arabia, Indonesia, Vietnam, Turkey and Pakistan.
India's media and entertainment market is expected to grow 18.5 percent a year to reach $36 billion by 2012, while the Asian industry will likely grow 8.8 percent a year over the next five years to $508 billion, PwC estimates. Other emerging markets set for rapid growth include Saudi Arabia, Indonesia, Vietnam, Turkey and Pakistan.
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