India's live events sector to hit ₹196 billion by 2028, growing at 10%
Synopsis
Key Takeaways
India's organised live events sector, valued at ₹145 billion in 2025 as per industry estimates, is projected to grow at 10% annually to reach ₹196 billion by 2028, the government announced on Friday, 1 May 2025. The sector has emerged as the highest-growth segment within the broader media and entertainment industry, according to an official statement from the Ministry of Information & Broadcasting (MIB).
LEDC's Role in Shaping the Sector
To drive this growth, the MIB has established a Live Events Development Cell (LEDC) under the chairpersonship of the Secretary, I&B. The cell brings together representatives from Central Ministries, State Governments, industry bodies, and other key stakeholders to build a coordinated roadmap for India's live events industry.
At the fourth meeting of LEDC held in New Delhi, Chanchal Kumar, Secretary, MIB, underscored the sector's contribution to employment generation, tourism promotion, and economic multiplier effects across allied industries.
What the Government Said