Skip to main content

India to earn USD 5b per year from film industry by 2014

Film Industry plays an important role in Indian Economy. The Indian film industry is the largest in the world, with more than 1,000 films produced every year in more than 20 languages. 

The Indian film industry is projected to grow from US$3.2 billion in 2010 to US$5 billion by 2014 at a CAGR of 14.1%. Growth is expected to come from the expansion of multiplexes in smaller cities, investments by foreign studios in domestic and regional productions, the growing popularity of niche movies
and the emergence of digital and ancillary revenue streams.


With 3.3 billion tickets sold annually, India also has the highest number of theater admissions. The Indian film market derives almost 90% of its revenue from non-English language movies, largely dominated by Hindi films, followed by South Indian films and other regional films.


Latest key indicators of Indian Economy:

Indian GDP Amount: (US$b) 1,540
GDP growth (% change from 2009): 8.3%
GDP per capita : (US$) 3,400
Urbanization: 30%
Literacy rate: 74%
Population: (millions) 1,210
Median age: (years) 26.2
Working population between 15—64: (% of population) 64%
Advertising expenditure to GDP ratio: 0.40
TV households: (% of total households) 57%
Internet users: (% of total population) 7%
Broadband subscribers: (% of total population) 1%
Mobile subscribers: (% of total population) 62%















Labels:

Comments

Post a Comment

Popular posts from this blog

India film industry contributes $6.2 billion in year

India's film and television industry contributes an immense $6.2 billion (Rs 28,305 crores) to the Indian economy, according to a new report released by PricewaterhouseCoopers. The report, titled Economic Contribution of the Indian Film and Television Industry, also finds that the sector has a total gross output of $20.4 billion (Rs 92,645 crores) and contributes more to the GDP of India than the advertising industry. "This report demonstrates the importance of the film and television sector to the overall growth and vitality of the Indian economy. Indians should be proud of the staggering growth that the film and television industry has achieved," said Motion Picture Association of America (MPAA) chairman Dan Glickman, who launched the report in New Delhi at the Asia Society Conference. "The film and television industry in India is one of the world's largest markets in terms of number of consumers and offers significant growth potential. Over the past fe...
1 comment
Read more

HR group says BSF kills one Bangladeshi in every four days

Taking part in an open discussion, Odhikar general secretary Atikur Rahman Khan said BSF is killing one Bangladeshi in every four days. Human rights group Odhikar and Human Rights Watch at a press conference at BRAC Centre on December 13, 2010 revealed a report on killing, abuse and torture by the Border Security Force (BSF) of India along the border. About 1,000 Bangladeshis were killed by Indian Border Security Forces (BSF) over the last decade, according to a report released by rights groups in the capital city Dhaka in Bangladesh on December 13, 2010. Apart from the killings, the report says, the Indian border guards usually threaten, abuse and beat Bangladeshi people living in frontiers villages, but they hardly get any cooperation from Bangladesh police. "It's a gross violation of human rights." The report was prepared based on statements of victims, witnesses, journalists, human rights workers, law enforcement officials and members of BSF and BDR. The re...
1 comment
Read more