Business

I&B Ministry’s Live Events Development Cell to support expansion of ‘concert economy’

echovera
4January

The Information and Broadcasting Ministry has established a Live Events Development Cell (LEDC) to facilitate the expansion of the “concert economy”, boosting employment and tourism in the country.


India’s live events industry is witnessing rapid expansion and is emerging as a key contributor to the media and entertainment ecosystem, an official said. The organised live events market was valued at ₹20,861 crore in 2024, registering a growth rate of 15%, outpacing several traditional media segments.

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