Export schemes for music industry
A recent Deloitte-IMI report has suggested measures like eradication of piracy and strict enforcement of laws against copyright infringements, music centric grants, and export schemes to promote the Indian music industry. Music grants and export schemes by government can build a supportive ecosystem in India that is conducive for the growth of MSMEs, larger enterprises & startups in the industry.
“Campaigns have been launched and IP (intellectual Property) Cells have been set up across states. Such initiatives need to converge in a cohesive manner to help eradicate piracy and thus, promote the legitimate music industry” noted the report titled ‘Economic impact of the recorded music industry in India’.