Saturday 27 Jul 2024

Indian entertainment industry 5th largest in world: Anurag Thakur

The Goan Network | NOVEMBER 21, 2023, 12:51 AM IST

PANAJI  

Union Information and Broadcasting Minister Anurag Singh Thakur, while inaugurating the Film Bazaar, the largest South Asian film market at Marriott Resort, Goa on Monday, said that the bazaar, much like a bustling marketplace of ideas, is a haven for filmmakers, producers, and storytellers from all corners of the globe.  

It’s a confluence of creativity and commerce, ideas and inspirations that form the building blocks of this thriving cinematic marketplace, he added.  

On the occasion, the Union Minister said that the Indian media and entertainment industry, with an annual growth rate of 20 percent, is hailed as the fifth largest and most globalized industry in the world.  

In its 17th year, the Film Bazaar has become an indispensable cornerstone of the IFFI, transcending borders and evolving into one of Asia’s biggest film markets, the minister added.  

Thakur informed that this year, the selection of films for the Film Bazaar reflects a diverse mix of fiction, docu-shorts, documentaries, horror films, and even an animated film that deals with universal themes relating to the diaspora, patriarchy, urban angst, extreme poverty, climate crisis, nationalism, sports and fitness.  

Speaking of the co-production market, the Minister said, “We proudly present twelve documentaries from 7 countries in the Coproduction Market, exploring life in 17 different languages. It’s a journey into the heart of reality through the lens of filmmakers.”  

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