ANIMATION IND TO GROW TO Rs 42 bln BY FY09

The Rs 12 bn animation industry in India is set to grow to Rs 42 bn by 2009 with its revenues projected to double up to almost USD 1.5 bn by 2010. The Indian animation market is only one per cent of the global market of the USD 1,125 bn but growth is expected to be around 35 per cent in the next few years.

The Economic Times

Entertainment, media record 17% growth in 2007

The entertainment & media (E&M) industry has recorded a growth of 17% in 2007 to cross the Rs 50,000-crore-plus mark, according to a report. The E&M industry has reached an estimated Rs 51,300 crore in 2007, up from Rs 43,800 crore in 2006, according to a Ficci PricewaterhouseCoopers 2008 report on Indian entertainment and media industry for 2007.

The Financial Express
http://www.financialexpress.com/news/
Entertainment-media-record-17-growth-in-2007/285173/