Indian Entertainment Industry Revenue Forecast to Double by 2018

An annual report by consulting firm PricewaterhouseCoopers and the Confederation of Indian Industry predicts a doubling of the Indian entertainment industry's revenues to $37.2 billion by 2018, growing at a compound annual rate of 15%, writes The Hollywood Reporter. 

According to the report, the industry recorded revenues of about $18.3 billion in 2013 - a 19% gain on the previous year. The entertainment industry in India is a strong contributor to the national economy.

Read more about the PwC report on The Hollywood Reporter.