Indian entertainment and media (E&M) industry will touch $27 billion by 2011 at an annual growth rate of 16.7 %.
According to the report by Federation of Indian Chambers of Commerce and Industry of India (FICCI) and PricewaterhouseCoopers (PWC) Indian Entertainment industry will grow faster than its counterparts in Brazil, Russia and China (BRIC countries)
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eveloped and Emerging Markets
Emerging regions such as Asia/Pacific, Latin America, the Middle East and Africa will continues to rise and generate IT spending of $1.1trillion in 2008, according to Gartner
Brazil, Russia, India and China (BRIC Economies) will lead this growth, according to Gartner, and spending in those four states will make up a third of all developing world IT spend.
Coca-Cola’s quarterly sales in North American restaurants and other food service outlets declined 3 % due to economic pressures and recession fears.
But, Coke had seen its highest growth since 1998, with strong growth in emerging markets including (BRIC Countries )China, India, Russia and Brazil.
Reliance Industries Chairman Mukesh Ambani is going to steer the India- Russia CEO’s Council , which was established to strengthen bilateral business cooperation in the areas of oil, energy, power, transport, telecom and high technology.
10 CEOs each from India and Russia will be on the Council, will work towards converting about billion dollars worth projects under discussion and explore new areas for trade and investment.