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India's Creative Economy: From Imagination to Innovation | Current Affairs | Vision IAS
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India's Creative Economy: From Imagination to Innovation

Posted 02 Mar 2024

Updated 19 Mar 2024

22 min read

Introduction

 

The creative economy has become a powerful transformative force in the world today and is one of the most rapidly growing sectors of the world economy, not just in terms of income generation but also for job creation and export earnings. India is taking lead in growing this sector by becoming a $30 billion industry' now. However, besides facing issues related to intellectual properties, the creative industry also faces challenges from the competition faced by technology. 

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  • Tags :
  • economy
  • ECONOMY
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