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.
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 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.
Constituted in July 2025 under the direction of Union Minister for Information and Broadcasting Ashwini Vaishnaw, the LEDC serves as a single-window facilitation mechanism for the sector. It brings together representatives of the Central and State governments, industry associations, music rights societies and major event companies.
