According to the Media and Entertainment (M&E) Report of the
Federation of Indian Chambers of Commerce and Industry (FICCI) and KPMG,
the sector grew 12 per cent to Rs 92,000 crore in 2013, a little less
than in 2012, when it grew 12.6 per cent to reach Rs 82,100 crore. The
flat growth is attributed to the slowdown that hit advertising spending
(in TV and print) and a weaker rupee against the dollar that raised
costs for the print sector. Report also says that digital is the fastest growing sector in 2013.
Source: Business Standard, Mumbai, afaqs.com
By : Brand'sGuru.in
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