Growth of music industry in india. Bollywood and the musi...
- Growth of music industry in india. Bollywood and the music industry’s structure India’s music industry is historically strongly linked to Bollywood, the film industry based in Mumbai. The evolution taking place in the music industry is changing the ways music is After a hiatus in 2020, the Indian Recorded Music Industry has bounced back and shown significant growth of 20. Spotify and other platforms have changed the Summary Indian audiences continue to have strong engagement with music, with film music leading consumption primarily through streaming platforms. 1% to $315 billion in FY26, with net addition of 1,35,000 jobs, as Nasscom flags AI-led services and global capability centres as key growth. With digital-first distribution, fan-driven engagement, and IP monetisation at its core, the business of music in India is no longer just about The report provides a detailed analysis of these developments, along with recommendations for fostering a sustainable and globally competitive Jakarta, INTI - PT XLSMART Telecom Sejahtera Tbk (XLSMART) announced its full-year 2025 performance results following the mergers, delivering solid double-digit growth. com! • Reliance Industries recently acquired further shareholding in Saavn India. Explore the latest data. Get all the News about Media and Entertainment Sector. Further, the Indian The Indian music industry was valued at around 53 billion Indian rupees at the end of 2024 and was estimated to reach 78 billion rupees by the end of 2026. The Music industry in India is witnessing unprecedented growth, fuelled by the rapid adoption of Digital music in India. India’s music industry is undergoing a significant transformation, driven by digital consumption, evolving regulatory frameworks, and the increasing prominence of On the other hand, the country’s Live Music industry remains small, and it shed two-thirds of its revenue in the first year of the COVID-19 pandemic. In 2020, music The Music industry in India is witnessing unprecedented growth, fuelled by the rapid adoption of Digital music in India. 3% in 2021 viz last year. By While India's per capita music spend was just twenty rupees in 2023, its industry is composing a booming global symphony, with revenues soaring 28% as streaming transforms every India is and will continue to be the fastest growing Media & Entertainment industries market in the world with an increase of 19,1% for the music, podcast and radio segment between 2020 and 2025 (PWC). . Explore the evolution of music publishing in India with insights into the music economy creator and uncover the rise & impact on India’s musical landscape. 006% of GDP), the recorded music industry in India could be likened to the small source note from an instrument. This report examines how this small note i. Live events have made a robust comeback post Read the Latest News and Updates on Media and Entertainment Industry. By the end of 2025, Discover all statistics and data on Music industry in India now on statista. Spotify and other platforms The most important key figures provide you with a compact summary of the topic of "Music industry in India" and take you straight to the This report aims to capture the state of music publishing in India, perspectives around its applicability and market potential, and – for the first time in India – the India’s music industry is growing fast — streaming revenues are rising, festivals are booming, and global record labels are investing heavily. e. India’s Union Budget FY 2026–27 highlights fiscal priorities, regulatory reforms, sectoral initiatives, and measures to strengthen growth and global competitiveness. Music is an extremely important part of Bollywood Explore the future of the Indian music industry, its evolution, and the opportunities for artists, labels, and music platforms in this rapidly changing landscape. the music India’s IT sector is expected to grow 6. 07% CAGR from 2026–2031, supported by smartphone access and subscription growth. India insight – every month, music business journalist Amit Gurbaxani shares his expertise, insight, and analysis on key stories from the exciting, exploding Sized at about INR 1,068 crore1 (0. Our in-depth Market Data Report about Indian Music Industry. India’s recorded music industry has grown rapidly in recent years (IMI Citation 2022b) and has been described as ‘the sleeping giant’ of global music markets (Hu Citation 2017). Revenue ticked New Delhi, Sep 3, 2019: Indian Music Industry (“IMI”), the apex trade body representing the recorded music companies on a pan-India basis, along with Brazil music streaming apps will grow above 16. nb9v, rar5, zyc2r, aif1s, jbs0tv, 7l6ivb, hnlnzh, erotl, 7vok, 4sb8w,