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Audible and India's Cultural Heritage: A Sonic Journey

  • The Motion Picture Association and Deloitte released a new report at Mumbai's WAVES 2025 summit revealing India's screen industry generated $61.2 billion in economic contribution in 2024.
  • This report follows recovery from the pandemic and had support from India's government, JioStar, FICCI, Producers Guild, and Creative First to reflect a vibrant, resilient industry.
  • The report shows the sector supported 2.64 million jobs and had a direct gross output of $16.8 billion in 2024, highlighting strong growth facilitated by expanding production quality and skills.
  • Projections indicate a 6-7% annual growth rate reaching $17.5 billion by 2029, with potential acceleration to 9-10% and revenues near $20 billion under effective policies.
  • The findings suggest India's screen industry will remain a key cultural and economic driver globally, requiring collaboration across stakeholders to foster growth and innovation.
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medianews4u.com broke the news in on Saturday, May 3, 2025.
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