CMU School of Drama


Thursday, October 11, 2012

PALM Expo Set for May 30-June 1, 2013

FOH online: The Indian Media & Entertainment industry is anticipated to touch $25.51 billion USD by 2016. India has over 500 million people under the age of 25, and favorable demographics coupled with rising disposable income to spend on leisure and entertainment. With cumulative annual growth and the evolution of the middle class, India has witnessed an upsurge in investments by international companies, especially from US and Western Europe, who are expanding their brand in this ever-growing economy. All of these factors have triggered the favored growth in the Pro Audio, Pro Sound, Pro Lighting, Pro AV and Music Production industries as well. The exposure to international standards of entertainment has increased the demand for high performance professional equipment.

1 comment:

Unknown said...

One doesn't generally think of India as a large market for theatre/live entertainment technology, but it's apparently enough of a growing market to hold an expo. I suppose that the whole "Bollywood" and movie industry has grown into an interest in live and relevant entertainment as well. Plus the fact that more musical and comedic artists are going on world tours that include India (due to a more globalized and younger audience on the internet) would lead to more venues that need equipment that can handle these touring shows.