I&B Ministry’s Live Events Development Cell to support expansion of ‘concert economy’

Key Points

1. The Information and Broadcasting Ministry established a Live Events Development Cell (LEDC) in July 2025.
2. The organised live events market was valued at ₹20,861 crore in 2024, with a 15% growth rate.
3. The sector is expected to have an 18% CAGR, potentially positioning India as a leading global live entertainment destination by 2030.
4. The live events sector supports over 10 million jobs across the value chain.
5. Visakhapatnam recorded the highest growth in live entertainment footfalls at 490% between January-November 2025.
6. Attendance at theatre events rose by 45% during the same period.
7. Over five lakh people travelled to other cities to attend live events, an 18% increase over the previous year.