New Delhi, Jan. 2 -- The Ministry of Information & Broadcasting has established the Live Events Development Cell (LEDC) to boost the national concert economy and facilitate the structured expansion of India's live entertainment sector. This initiative, according to a Ministry of Information & Broadcasting release, serves as a single-window facilitation mechanism to streamline the industry and position India among the leading global entertainment destinations by 2030.

The organised live events market recorded a valuation of Rs 20,861 crore in 2024, reflecting a growth rate of 15 per cent. This sector currently outpaces several traditional media segments and maintains an expected compound annual growth rate of 18 per cent.

The LEDC, const...