*According to a report published by IAMAI and Kantar Research, India internet users are expected to reach 900 million by FY25, from ~622 million internet users in FY20, increasing at a CAGR of 45% until FY25.
*The country's entertainment and media industry is expected to see a growth of 9.7% annually in revenues to reach US$ 73.6 billion by FY27.
*The advertising-based video on demand (AVoD) segment is expected to rise at a CAGR of 24% to reach US$ 2.6 billion by FY25.
*The Indian entertainment sector could unlock an estimated Rs. 50,724 crore (US$ 6 billion) in unrealised value by FY30, according to a recent industry report. This growth potential is attributed to international collaboration, technology adoption, and strategic changes in content creation.
*India's Animation and VFX sector is projected to grow from US$ 1.3 billion in FY23 to US$ 2.2 billion by FY26, increasing its share of the media and entertainment (M&E) industry from 5% to 6%, according to a CII GT report.
*The Indian mobile gaming market is poised to reach US$ 7 billion, in value, by FY25.
* The Government of India has increased the FDI limit from 74% to 100%.
*In February 2024, the Union Cabinet approved the auction of 10,523.15 megahertz (MHz) of spectrum across bands at a reserve price of Rs 96,317.65 crores (US$ 11.60 billion).
*FDI inflows in the information and broadcasting sector (including print media) stood at Rs. 74,369 crore (US$ 11.56 billion) between April 2000-December 2024.
*The allocation to Prasar Bharati stood at Rs. 2,808.36 crore (US$ 338.36 million) in FY23.
India has one of the largest film industries in the world, produces the largest number of films annually, constitutes the highest number of tickets sold annually and has the second highest screen count in the world.
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