Correct Answer :   Dr L Murugan

Union Minister of State for Information and Broadcasting Dr L Murugan 17th May 2023 inaugurated the India Pavilion at Cannes at Marché du Film in presence of Shri Jawed Ashraf, Ambassador of India to France, Shri Prithul Kumar, Joint Secretary, MIB and stars of the Indian film industry.

Addressing a gathering of delegates from India including film stars and officials, Dr Murugan stated that today India is the world’s largest producer of films with over 3000 films in over 50 languages. These films carry a message of India’s strength in storytelling across the world.

Citing the example of the now famed Elephant Whisperers of Mudumalai, the Minister highlighted that today good content knows no boundaries and we are witnessing an era where Indian content is going local to global.

Dr Murugan recalled the recent stellar success of Indian movies and movie makers at world stage and added that today it’s difficult to find a movie without an Indian name in its credits for animation or VFX. He further said that Indian film industry has undergone significant changes in recent years with advent of newer technologies and rise of digital and streaming platforms.


Growth and Potential of the Indian Film Industry :

The Minister stated that Indian Media and Entertainment sector is poised to experience an extraordinary growth rate of 11.4% in 2023, propelling its revenue to a staggering INR 2.36 trillion.

This remarkable surge is a testament to the robustness of India's M&E industry and its potential to create novel opportunities, even in a rapidly evolving digital landscape. He further added that after the Covid pandemic, the gross box office revenues of 2022 in India, have increased almost three times the revenues of 2021 to 1.3 billion USD, and expected to touch 3 billion USD by 2025..

Source : PIB