Email this article 
Dynamics of Development of Indian Media Industry in the World Media Space: Results of 2016-2017
- Authors: Matvienko V.V.1
-
Affiliations:
- Peoples’ Friendship University of Russia
- Issue: Vol 25, No 4 (2017)
- Pages: 575-582
- Section: Articles
- URL: https://journals.rudn.ru/economics/article/view/18232
- DOI: https://doi.org/10.22363/2313-2329-2017-25-4-575-582
Cite item
Full Text
Abstract
The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides. Proving its resilience to the world, the Indian M&E industry is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenues. The industry has been largely driven by increasing digitisation and higher internet usage over the last decade. Internet has almost become a mainstream media for entertainment for most of the people. This article analyzes the main indicators of IMEI (Indian Media and Entertainment Industry) development in 2016-2017 years with the help of analytical comparison; also there is a dynamics of the Indian media industry development in the Asian and world media space; moreover, this article demonstrates initiatives taken by the Government of India in the sphere of the national communications system development.
About the authors
Valentin Viktorovich Matvienko
Peoples’ Friendship University of Russia
Author for correspondence.
Email: matvienko_vv@rudn.university
PhD in Philology, Department of Theory and History of Journalism
Miklukho-Maklaya str., 6, Moscow, Russia, 117198References
- Indian media & entertainment business to be around Rs 2.26 lakh crore by 2020 // The Economic Times. Available at: //economictimes.indiatimes.com/articleshow/51617621.cms?utm_ source=contentofinterest&utm_medium=text&utm_campaign=cppst (accessed: 18 August 2017).
- Complete guide on impact of GST on media & entertainment // India’s largest network for finance professionals. Available at: https://www.caclubindia.com/articles/complete-guide-on-impact-ofgst-on-media-entertainment-30818.asp (accessed: 01 September 2017).
- Indian advertising industry at a glance in 2016—2017 // Indian Mirror. Available at: http://www. indianmirror.com/indian-industries/2017/advertising-2017.html (accessed: 01 September 2017).
- India in Business. Ministry of External Affairs, Govt. of India. Investment and Technology Promotion Division. Available at: http://indiainbusiness.nic.in/newdesign/index.php?param=industryservices_ landing/381/3 (accessed 13 September 2017).
- Media and Entertainment Industry // India Brand Equity Foundation. Available at: https://www.ibef. org/pages/37639 (accessed: 12 September 2017).
- Government Mulls Raising FDI Cap To 100 per cent In DTH, Cable Networks // The Hans India. Available at: http://www.thehansindia.com/posts/index/Business/2015-09-20/Government-mullsraising-FDI-cap-to-100-per-cent-in-DTH-cable-networks/176769 (accessed: 10 August 2017).
- Model Shops & Establishments Act 2015. Available at: http://www.citehr.com/551128-model-shopsestablishments-act-2015-a.html (accessed: 15 September 2017).
- Union Budget 2016—2017. Available at: http://www.ibef.org/economy/union-budget-2016-17 (accessed: 21 August 2017).
