Media and entertainment industry in South sees 15% growth: CII report

The media and entertainment industry in South India is growing at a compound annual growth rate (CAGR) of 15 per cent making a post-crisis comeback, said a report by the Confederation of Indian Industry’s (CII) on Saturday. The industry in South is currently valued at around Rs 74,900 crore.

The report, titled ‘Regional is the new national – Way Forward for the South India Media and Entertainment Industry’, was released by Tamil Nadu chief minister M K Stalin on Saturday at a CII Dakshin - South India Media and Entertainment Summit. According to the report, the television sector contributes to a