New Delhi, March 24 -- : The Indian film industry is estimated to generate revenues of Rs 23,000 crore by 2021 and can contribute significantly to the growth of tourism in the country, according to a report by industry body FICCI and consulting major Ernst & Young.
Film entertainment marked the growth of 12.2 per cent with revenues growing from Rs 15,550 crore in 2017 to Rs 17,450 crore in 2018. With the annual certification of 2,336 films, Indian ranks as one of the largest producers of cinematographic films in the world.
On the other hand, the country is emerging as a hotspot for global tourists with a wide range of attractive destinations from the Himalayas to oceans. The tourism industry contributes 9.4 per cent to the GDP and generat...