According to the new "India Media Market 2007" report from Heernet Ventures, the Indian media market is expected to grow from revenues of $9.2 billion in 2007 to $17 billion (around 7660 crores) by 2012. a compound annual growth rate (CAGR) of 13%.
See charts below..
So doing my math right the online media spend is pegged at 225 crores for 2012! The question is who will take the large piece of the online pie!
Rajiv Dingra
Rajiv is a prolific blogger who has over 1000 blog posts to his credit at WATBlog. The Founder & CEO of WATMedia our parent company and the Chief Blogger at WATBlog, he has been the driving force of the WAT Evolution. Rajiv does some excellent analysis of the digital media industry in India and often brings out deep insights with his inimitable style of interviewing. Just mail rajiv|at|watblog|dot|com and it will reach him..
