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Entertainment industry expected to grow at a compound rate of 32 percent

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Entertainment industry expected to grow at a compound rate of 32 percent

The entertainment industry is expected to grow from the present figure of Rs 15,000 crore to over Rs 60,000 crore in 2005, at a compound rate of 32 per cent per annum and the government, on its part, will always be ready to provide proper framework and policies as required, information and broadcasting minister Sushma Swaraj said.

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The report reveals that there has been nearly 5 times more growth in video consumption in the last 12 months, with 96 percent of all usage being focused on long form video