Yearly revenue of music industry India FY 2020-2022
In financial year 2020, the revenue earned by the music industry as a whole in India amounted to 260 million U.S. dollars. The forecast for the following year indicated a significant dip which may be attributed to the prolonged effects of the COVID-19 pandemic in the country. However, an estimate for fiscal year 2022 hinted at the emergence of an upward trend.