the Indian media and entertainment (M&E) sector grew 3.3% in 2024, reaching Rs 2.5 trillion (US$ 29.4 billion) in 2024, says the FICCI-EY report 2024.
The Ministry of Information and Broadcasting has withdrawn the new draft Broadcasting Services (Regulation) Bill, 2024 amid a controversy and backlash from digital news broadcasters, content creators, and social media influencers over fears of the establishment trying to exert greater control over online content.
Last month, the ministry shared the new draft Bill with a few stakeholders and invited their comments. All the stakeholders now have been asked to return physical copies given to them, multiple media reports said.
The Indian Express reported that the ministry is expected to go back to the drawing board and work on a new proposal.
Nikhil Pahwa, founder of Medianama, who had accessed the contents of the leaked draft Bill, told The Quint that it should not have existed in the first place and that the government’s step back does not mean that the citizens’ right to create and consume content is still not under attack.
“From the statement that the Ministry of Information and Broadcasting has issued on Twitter, it appeared like they have gone back to the previous draft (of November 2023), and will continue to do closed-door consultations with the industry till 15 October. This suggests that there’s no plan for a public consultation, and the Bill can be expected to be tabled in the Winter Session of Parliament,” Pahwa said in a statement.
The fastest growing democracy in the world could be a market for your products !
If you are confused by slow and poor sales to a seemingly large but immensely noisy and fragmented market, you are not alone! If your product is great, or viable, or appropriate, you can find your sweet spot in this more than US$ 4.3 trillion economy. The trick is to understand your potential and addressable markets, which we can help with in light of your direct competition. We understand marketing, communication, and sales strategies for market entry and growth.
If you are an OEM or a supplier with a strategy and budget, talk to us about using our hybrid print, web, video, and social media channels for locating and dominating your addressable markets in India and South Asia. We may be one of the world’s leading B2B publications in the print industry with hands-on practitioner and consulting experience. Our 50 years of domain knowledge observing technological change and understanding of business and financials, includes the best globally recognized technical writers. Apart from our industry award winners, an experienced team is ready to meet you and your customers for content.
India’s fast-growing economy and evolving democracy has considerable headroom for print. Get our 2026 media kit and recalibrate your role in this dynamic market.
Founded in 1979 as a technical newsletter, Indian Printer and Publisher is the oldest B2B trade publication in the multi-platform and multi-channel IPPGroup. IppStar [www.ippstar.org] is our Services, Training and Research organization.
