In the next five years, India is expected to become the third largest in the global media and entertainment sector from the fifth-largest currently, according to Union Minister of Information and Broadcasting Mr. Anurag Thakur.

On September 18, 2023, "People's G20," an eBook on India's G20 Presidency in New Delhi, was unveiled by Mr. Apurva Chandra, Secretary, Ministry of Information and Broadcasting (I&B).

Advertising and consumer promotion spending is anticipated to increase by 20-25% year-on-year (y-o-y) during the second half of 2023, driven by the cricket world cup, a rainy summer causing companies to delay ad spending and the festive season, according to Executives.

As a result of increased government and corporate advertising spending, print media’s revenue is anticipated to increase by 13-15% this year, according to CRISIL.

This year, India is participating in The Annecy International Animation Festival (AIAF) for the first time. At the AIAF, a delegation from India headed by the Secretary, Information and Broadcasting, Mr. Apurva Chandra and including notable figures from the animation business have been displaying India's skill at producing animation and visual effects (VFX) content for audiences around the world.