Bcg-cii Report

India Media & Entertainment valued between $27-29 bn in 2022: Report

The India Media & Entertainment industry is estimated to be valued between USD 2729 billion in 2022 and is poised to grow to USD 5565 billion by 2030, said a report. The industry, which had witnessed some setbacks during the pandemic, is back to its pre-Covid growth story, said a joint report by the industry body CII and BCG. "With the industry witnessing strong growth tailwinds, it is poised to grow to USD 5565 billion by 2030 with a potential to reach USD 6570 billion, driven by growth in OTT and gaming," said the report titled "Shaping the future Of Indian M&E". The report highlights the role of some media segments, particularly OTT platforms and said the sector has witnessed rapid changes fueled by "accelerated technological progress and evolving consumer behaviours". According to the report, the digital video & gaming segment is leading the "boom" with an over 40 per cent of total media consumption in 2022 backed by growth in internet and smartphone penetration. Now ..

Why India continues to attract demand for global capability centres

According to a BCG study, India currently has over 1,500 global capability centres, with 300-500 to be added over the next five years

Facebook co-founder Eduardo Saverin's B Capital closes $250 mn fund

Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India

BCG, Accenture Strategy top recruiters in first phase of IIM-A's placements

Management consulting and finance companies continue to hire from the campus

Prime time rolls on

Digitisation and increasing rural penetration to drive structural growth in the TV industry: BCG-CII report