Entertainment & media industry seen growing to Rs 87k cr by ‘10

 The insatiable Indian appetite for entertainment has seen every delivery platform growing at a tremendous pace. Recognising this, PricewaterhouseCoopers (PwC) in its report for Ficci’s annual entertainment conference, Frames: ‘06, has included print media, out-of-home (OOH) and internet advertising in the forecast which are contained in its entertainment & media (E&M) report.  

According to PwC, the E&M industry — currently at Rs 35,300 crore — is expected to grow at a compounded growth rate (CAGR) of 19%, touching Rs 87,300 crore by ‘10. While television will continue to dominate, radio is expected to grow at a compounded rate of 32%, print at 12% and internet advertising at 50%.

Economic Times reveals more

Hyperion plans for India

Hyperion Solutions, a provider of Business Performance Management (BPM) software, has decided to have its own subsidiary in India soon. The Indian subsidiary – Hyperion Systems India Pvt Ltd – which is yet to be registered, would have sales offices in Bangalore and Mumbai, informed a top official of the US-headquartered company.

Hyperion has about 30 clients in India which include Reliance Industries, Maruti Udyog, Toyota, Bharati, Hutch, IBM, Citigroup, Aditya Birla Group and American Express. The company currently operates in 45 countries and has 2,500 people in its pay roll. According to IDC, the market size for BPM software in India is presently $10-11 million. 

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Pantaloon’s future mapping

Pantaloon is trying to pick up a larger share of the US$180-200 billion retail market in India. Organised retailing is hardly 4-5% total market in India.

Pantaloon is on a crystal gazing mission and has set up a new division, Future Group-India Tomorrow that will plan, design, organise and review all businesses of the group.

Ms.Roopa Purushottam, the co-author of the famous BRIC report will spearhead the efforts in building an innovative framework for the company’s future.

http://www.pantaloon.com