India, Jan. 30 -- The Economic Survey 2025-26 on Thursday flagged the lack of live event venues and restrictions on foreign payments as impediments to the growth of the concert economy and suggested opening up heritage monuments to boost the sector.
According to the survey, India's concert and live entertainment economy crossed Rs 10,000 crore in 2024. The impact goes beyond ticket sales. Large events act as short-duration demand boosters for airlines, hotels, restaurants and city transport systems.
The survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, said that with appropriate facilitation, the concert economy can become a meaningful driver of growth for Media and Entertainment (M&E), tourism and allied services.
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