The Information and Broadcasting Ministry has established a Live Events Development Cell (LEDC) to facilitate the expansion of the “concert economy”, boosting employment and tourism in the country. C
onstituted in July 2025, the LEDC serves as a single-window facilitation mechanism for the sector.
India’s live events industry is witnessing rapid expansion and is emerging as a key contributor to the media and entertainment ecosystem, an official said.
The organised live events market was valued at ₹20,861 crore in 2024, registering a growth rate of 15%, outpacing several traditional media segments.
With an expected CAGR (Compound Annual Growth Rate) of 18%, the sector is poised to position India among the leading global live entertainment destinations by 2030, as per government estimates.
In his address at the WAVES (World Audio Visual & Entertainment Summit) in May 2025, Prime Minister Narendra Modi highlighted the vast untapped potential of India’s live entertainment sector, underlining its role as a key driver of employment, investment, tourism, and India’s cultural and global influence.
