Pulse Network Limited planning to invest 800 crore into Bollywood for the month of Feb 2020
Pulse Network Limited planning to invest 800 crore into Bollywood for the month of Feb. With this regard Pulse network inviting project and proposal for the investment.
Indian Media ad Entertainments sector is growing very fast and is projected to be the 2nd fastest growing advertising market in Asia after China. increasing digitisation, higher usage of internet, rising incomes and evolving lifestyles in the past two decades contributing significantly to the growth of Indian Media and Entertainment sector. Despite of slow growth witnessed in the worldwide market, the Indian M&E industry is on the cusp of a strong phase of growth, backed by rising consumer demand and improving advertising revenues.
Being one of the largest film producer in the world, Bollywood alone is valued at $2.28 billion industry (ASSOCHAM). Growing demand of Indian Films around the globe has also created huge demand for Indian film-makers and trained professionals. Top film and video production houses in India are attracting huge outsourced work from Hollywood providing all Post production, sound & multimedia services in India. Major post production services in India includes Video Editing, Colour Corrections & color grading, writing, recording, and editing of the soundtrack, Visual Effects, 2D-to-3D conversion, Animation, Dubbing and many more. A good number of film services production companies in India are operating in Mumbai, Bangalore, Hyderabad and Chennai which are known as the hub of post production studios in India.
The Indian Media and Entertainment industry is on an impressive growth path. We are planning to invest some of 800 crore into Indian Media Industry. The investment comes with lots of promising projects and other ventures. We are inviting the proposals of those who are seeking investment.
Company sources said.