TRAI's Annual Report of 2017-2018 reveals 12.24% growth of India's Television Industry
TRAI's report also shows subscription and ad revenue growth
Published - 21-February-2019
Telecom Regulatory Authority of India released an Annual Report of 2017-2018 today which gives a broad outlook of how the Indian Television Industry has fared. As per the report, India’s television industry has grown from Rs 58,800 crore in 2016-17 to Rs 66,0007 crore (as per FICCI-EY Report 2018) in 2017-18, thereby registering a growth of 12.24 per cent.
The report also reveals that subscription revenues rose from Rs 38,7007 crore in 2016-17 to Rs 39,3007 crore in 2017-18. Advertisement revenues escalated from Rs 20,1007 crore in 2016-17 to Rs 26,7007 crore (as per FICCI-EY Report 2018) in 2017-18 growing by a whopping 32.8 per cent during the year.
The total number of satellite TV channels permitted by Ministry of Information and Broadcasting (MIB) has also seen a marked growth from 524 in 2010 to 875 in 2018. That definitely is substantial growth. However, the best figures are reserved with 2017 when the number was 888.
The number of SD pay TV Channels also saw a rise in number from the 2010's 147 to 213 in 2018.
The report also cites that in the last couple of year, broadcasters have introduced many HD pay television channels. As of March 31, 2018, there are 95 operational HD Channels.
DTH has gained a net active subscriber base of around 67.53 million as well. There were 6 pay DTH service providers in the year 2016-2017. But after the merger of Videocon D2H with Dish TV India Limited, the number rests at 5 pay SD channels.For more updates, subscribe to exchange4media's WhatsApp Channel- https://bit.ly/2QUdLCK