Media / Entertainment / Telecom
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The Media & Entertainment Industry in India is expected to reach Rs 1,457 billion by 2016 as per the FICCI-KPMG report. The industry achieved a growth of 12% in 2011 and is projected to grow at a CAGR of 15 percent over the next five years. The spending on leisure and entertainment are greater than the economic growth; this is a result of favorable demographics and increasing disposable incomes.
Many aspire to join this industry due to the high visibility and glamour associated with many of the top jobs. The opportunities are many and varied, such as in the areas of mass communication, content development, animation, production and event management. Telecom Industry in India is out of its nascent stage and the government together with the private sector initiatives is on the path of making India the electronics manufacturing hub of the world. 10 years ago subscribers were made to pay for an incoming call; today they have the liberty to pay for per second of their usage. According to analysts, the sector would generate employment opportunities for about 10 million people – direct employment for 2.8 million people and indirect employment for about 7 million by next year.