Smriti Irani Inaugurated FICCI Frames 2018 in Mumbai

The Union Minister for Information & Broadcasting and Textiles, Smriti Zubin Irani inaugurated the FICCI Frames 2018, in Mumbai. She has also released the FICCI-EY Media & Entertainment Report 2018 named ‘Re-imagining India’s M&E Sector’.

As per the report, the Indian M&E sector hit Rs 1.5 trillion ($22.7 billion) in 2017, growth of around 13% over 2016. With its current trajectpory, it is expected to cross Rs 2 trillion ($31 billion) by 2020, at a CAGR of 11.6%.

Source- Press Information Bureau (PIB)

Static/Current Takeaways Important for Exams-
  • FICCI stands for Federation of Indian Chambers of Commerce and Industry.
  • President of FICCI- Rashesh Shah.


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