The size of the Indian music industry has remained small -- estimated at ₹5,300 crore in 2024 – by the Ficci-EY media report of 2025. Though it’s projected to touch ₹7,800 crore by 2027, paid subscribers of music streaming apps in India were low at 10-11 million in 2024 in an active user base of 175 million. | Mumbai news