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The Indian media and entertainment industry will grow to Rs 1.2 lakh crore by 2015, according to a PwC report.
The 'Indian Entertainment and Media Outlook' predicts that the sector will grow at a CAGR of 13.2 per cent between 2011 and 2015.
Mr Timmy Kandhari, Leader - Entertainment and Media Practice, PwC India, noted that ad revenues will have to be supplemented with subscription growth for sustainable and profitable growth of the sector.
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