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India

In Europe 5th January 2012

The European Commission promotes EU-India IT research

LONDON | The Open Group and the Interactive Technology Software and Media Association (ITSMA) have partnered with a consortium of leading European and Indian research and technology developers to identify future areas for coordination of government funded IT research. Supported by the European Commission, the Fostering Cooperation in Computing Systems for EU and India (EU-INCOOP) project is investing over €460,000 to bring together leading researchers from India and Europe to identify priorities and develop a joint research roadmap that…

World economy 8th December 2011

Low average revenue and piracy hamper India’s Media and Entertainment sector

LONDON | India’s Media and Entertainment (M&E) industry registered revenues of $16.3 billion in 2010, which are expected to be in excess of $25 billion in the next four years, according to Ernst & Young’s report ‘Spotlight on India’s Entertainment Economy‘. The study shows that India’s growing digital media consumption and favorable demographics are key drivers for the media and entertainment industry’s future growth. But John Nendick, Global Media and Entertainment Leader at Ernst &…