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TRAI chief Lahoti charts bright future as India’s media waves hit full stream
MUMBAI: When it comes to India’s media and entertainment sector, the waves are getting bigger and TRAI Chairman Anil Kumar Lahoti is steering them with both vision and precision. Addressing the 25th Ficci Frames 2025, Lahoti delved into the vibrant evolution of broadcasting, distribution, and regulation in India.
Lahoti highlighted that the media and entertainment (M&E) sector contributed Rs 2.5 trillion to the Indian economy in 2024 and is projected to grow at a CAGR of 7 per cent, crossing Rs 3 trillion by 2027. Within this, television and broadcasting alone generated nearly Rs 680 billion last year. He reflected on how the past 25 years have seen phenomenal transformation from analogue to digital transmission, standard definition to high definition, and now 4K video. Advances in audio quality and the proliferation of smart TVs have multiplied consumer choice, making content more accessible than ever.
Yet while home screens have expanded to 40–50 inches and beyond, smartphones and 4G/5G broadband are opening new frontiers. OTT users now exceed 600 million, around 41 per cent of India’s population, yet linear TV remains central, with roughly 190 million TV households, 160 million linear subscriptions, and over 100 million households yet to enter the ecosystem many of whom will start with linear TV.
The broadcast ecosystem is vast: 300 plus broadcasters, 900 plus TV channels, 388 private FM radio stations, and numerous national and international streaming platforms. Distribution involves 800 plus MSOs, 4 DTH operators, 1 HIDS operator, and a rapidly growing IPTV network, alongside 80,000 plus local cable operators. Public broadcasters Doordarshan and All India Radio operate 35 TV channels and 591 radio stations, respectively. While TRAI regulates linear TV and radio, digital content over the internet falls under the IT Intermediary Guidelines and Digital Media Ethics Code Rules 2021.
Lahoti emphasised the complexities of linear TV’s multi-player ecosystem. “Our challenge is to ensure fair, non-discriminatory deals for all players, large or small, across geographies, while balancing innovation and regulation,” he said. TRAI has been proactive, recommending policy reforms, simplified licensing under the Telecommunication Act 2023, and a regulatory framework for ground-based broadcasters, enabling transmission through non-satellite means, a significant shift from the existing satellite-only mandate.
Financial stress in FM radio has also been addressed, with TRAI recommending the rollout of digital radio services in 13 A-plus and A-category cities. Lahoti noted that rapid technological advancement from wired and wireless broadband to AI and cloud computing is reshaping content creation, distribution, and consumption. With India’s linguistic diversity 22 major languages and hundreds of dialects the opportunities for content creators are immense.
He also referenced the prime minister’s recent Waves Summit speech, highlighting the Orange Economy, powered by creativity, culture, and content. “Dream big, tell India’s untold stories, and invest not just in platforms but in people,” Lahoti quoted. The message was clear: the screen may be getting smaller, but the content’s impact is enormous.
As India’s M&E sector continues its remarkable growth, Lahoti stressed collaboration among stakeholders as essential to realising this vision. TRAI, he said, is committed to enabling orderly growth, simplifying compliance, and fostering innovation, ensuring a competitive and inclusive broadcasting ecosystem.
Wrapping up, he wished Ficci Frames continued success, expressing hope that the debates and discussions at the forum will guide the industry toward a brighter, smarter, and more connected media landscape.
In a sector worth Rs 2.5 trillion today and poised for Rs 3 trillion tomorrow, with 600 million OTT users, 190 million TV households, and a dynamic mix of technology and creativity, India’s media waves are indeed at full stream and TRAI is firmly at the helm.
iWorld
Netflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
MUMBAI: Netflix is celebrating ten years in India with a slick anniversary film voiced by Shah Rukh Khan, a nostalgic sprint through a decade that rewired how the country watches stories. The campaign doubles as both tribute and reminder: streaming did not just enter Indian homes, it quietly rearranged them.
Roll back to 2016 and television still dictated schedules. Viewers waited weeks, sometimes months, for favourite films to appear on prime time. Family-friendly filters narrowed options further, and piracy often filled the gaps. Then Netflix arrived, softly but decisively, carrying a catalogue of international titles rarely seen in Indian theatres and placing them a click away. Old blockbusters and new releases suddenly coexisted on the same digital shelf.
The platform’s real inflection point came in 2018 with Sacred Games, a breakout series that refused to dilute India’s grit for global comfort. Audiences embraced its unvarnished tone, signalling readiness for stories that did not need box-office validation or censorship compromises. What followed was a steady procession of relatable narratives. Competitive-exam anxiety fuelled Kota Factory. College relationships unfolded in Mismatched. Everyday pressures, not grand spectacle, proved bankable.
Language barriers thinned as foreign series arrived with Hindi, Tamil and Telugu dubbing, expanding viewership beyond urban English-speaking pockets. Marketing mirrored the shift. For global releases such as Squid Game, Netflix leaned on regional creators and influencers to localise buzz and make international content feel native.
The library widened beyond fiction. Documentaries stepped out of festival circuits into living rooms. Stand-up comedians found scale. Established filmmakers, including Sanjay Leela Bhansali with Heeramandi, embraced the platform’s long-form canvas. Subscriber numbers swelled to 12.37 million in India, according to Demandsage, and behaviour followed suit. Late-night binges became routine. Friday release rituals loosened. Watch parties turned solitary screens into social events.
Economics demanded adjustment. Early subscription pricing carried a premium aura that deterred many households. Over time, Netflix recalibrated plans to align with Indian spending sensibilities, conceding that accessibility is as critical as content. To extend momentum around marquee titles, the platform also experimented with split-season releases, stretching anticipation and watch time.
The anniversary film, narrated by Shah Rukh Khan, captures the linguistic shift that mirrors the cultural one: from “Netflix pe kya dekha?” to “Netflix pe kya dekhein?” The question moved from recounting the past to planning the next binge. In ten years, Netflix morphed from foreign entrant to familiar fixture, exporting Indian stories abroad while importing global ones home. The remote no longer waits; it chooses, clicks and moves on. In the streaming age, patience is out, playlists are in, and the next episode is always one tap away.
Brands
Delhivery chairman Deepak Kapoor, independent director Saugata Gupta quit board
Gurugram: Delhivery’s boardroom is being reset. Deepak Kapoor, chairman and independent director, has resigned with effect from April 1 as part of a planned board reconstitution, the logistics company said in an exchange filing. Saugata Gupta, managing director and chief executive of FMCG major Marico and an independent director on Delhivery’s board, has also stepped down.
Kapoor exits after an eight-year stint that included steering the company through its 2022 stock-market debut, a period that saw Delhivery transform from a venture-backed upstart into one of India’s most visible logistics platforms. Gupta, who joined the board in 2021, departs alongside him, marking a simultaneous clearing of two senior independent seats.
“Deepak and Saugata have been instrumental in our process of recognising the need for and enabling the reconstitution of the board of directors in line with our ambitious next phase of growth,” said Sahil Barua, managing director and chief executive, Delhivery. The statement frames the exits less as departures and more as deliberate succession, a boardroom shuffle timed to the company’s evolving scale and strategy.
The resignations arrive amid broader governance recalibration. In 2025, Delhivery appointed Emcure Pharmaceuticals whole-time director Namita Thapar, PB Fintech founder and chairman Yashish Dahiya, and IIM Bangalore faculty member Padmini Srinivasan as independent directors, signalling a tilt towards consumer, fintech and academic expertise at the board level.
Kapoor’s tenure spanned Delhivery’s most defining years, rapid network expansion, public listing and the push towards profitability in a bruising logistics market. Gupta’s presence brought FMCG and brand-scale perspective during a period when ecommerce volumes and last-mile delivery economics were being rewritten.
The twin exits, effective from the new financial year, underscore a familiar corporate rhythm: founders consolidate, veterans rotate out, and fresh voices are ushered in to script the next chapter. In India’s hyper-competitive logistics race, even the boardroom does not stand still.
MAM
Meta appoints Anuvrat Rao as APAC head of commerce partnerships
At Locofy.ai, Rao helped convert a three-year free beta into a paid engine, clocking 1,000 subscribers and 15 enterprise clients within ten days of launch in September 2024. The low-code startup, backed by Accel and top tech founders, is famed for turning designs into production-ready code using proprietary large design models.
Before that, Rao founded generative AI venture 1Bstories, which was acquired by creative AI platform Laetro in mid-2024, where he briefly served as managing director for APAC. Alongside operating roles, he has been an active investor and advisor since 2020, backing startups such as BotMD, Muxy, Creator plus, Intellect, Sealed and CricFlex through a creator-economy-led thesis.
Rao spent over eight years at Google, holding senior partnership roles across search, assistant, chrome, web and YouTube in APAC, and earlier cut his teeth in strategy consulting at OC&C in London and investment finance at W. P. Carey in Europe and the US.
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