ReferIndia News India’s policy framework fosters strong global co-production ties: MoS Murugan

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India’s policy framework fosters strong global co-production ties: MoS Murugan

Published on: Nov. 21, 2025, 2:26 p.m. | Source: Devdiscourse

Murugan said Indias bilateral agreements are designed to encourage joint development, simplify permissions, and enable smoother mobility of talent and resources.The minister added that Indias media and entertainment sector stands at a defining moment with the industry projected to reach USD 31.6 billion in 2025, driven by rapid growth in digital media, OTT platforms, live events, advertising, and emerging segments such as gaming and the AVGC fields of animation, VFX, virtual production and XR Extended Reality.

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