India’s Live Events Industry: A Thriving Market Worth Rs 143 Billion

The Exciting Growth of Live Events in India

India’s live events industry is growing really fast. It’s now worth a whopping Rs 88 lakh crore and is expected to grow by 18% every year until 2026! Big companies like TIPS Music, Saregama India, and Zomato are taking advantage of this boom. Famous artists like Coldplay and Diljit Dosanjh are performing at these events, and ticket prices can go as high as Rs 1 lakh!

Live music in India used to be just for a few fans, but now it’s popular everywhere. More people want to see both local and international stars. With more money to spend and a big number of young fans, the demand for live concerts is soaring. Event organizers are teaming up with digital platforms to make this even better.

TIPS Music
TIPS Music is one of the top music labels in India. They have a large collection of songs and are expanding their presence in live events. They are doing great on platforms like YouTube, which helps them sell more tickets and earn more money through licensing. Recently, TIPS Music partnered with TikTok to reach even more fans.

Saregama India
Saregama India is also doing well in the live events world. Their partnership with popular artist Diljit Dosanjh for his “Dil Luminati” tour has been a huge success. The tour is one of the fastest-selling in India, and it will help Saregama earn more money from live events.

Zomato
Ticket platforms like Zomato and BookMyShow are also growing. Zomato, using its ticketing platform Insider, is not just selling tickets but is also benefiting from food orders from concert-goers. BookMyShow is the leading ticketing site in India and is making a lot of money from exclusive events. After the pandemic, interest in live shows has picked up a lot.

People are especially excited about Coldplay’s upcoming shows in India, starting in January 2025. Tickets for Coldplay are so in-demand that they are being sold for as much as Rs 10 lakh on resale sites!

The live events market in India is expected to reach Rs 143 billion by 2026. This means companies involved in music licensing, ticketing, and event management are in a great position to profit. The growing enthusiasm for concerts like Coldplay and Diljit Dosanjh indicates a very bright future for live music in India.

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