<p>According to a study by research firm PricewaterhouseCoopers, the growth of the Indian E&M industry is expected to decelerate to about eight per cent in 2009 from a CAGR of 16.6 per cent (over 2004-08), largely influenced by a marked slowdown in advertising spending.<br />However, with the economic conditions improving, the growth is expected to increase to 10.4 per cent in 2010.<br /><br />PricewaterhouseCoopers has predicted the industry to grow at a CAGR of 10.5 per cent over the period of 2009-13 as against a CAGR of about 16.6 per cent over the period 2004-08.</p>
<p>According to a study by research firm PricewaterhouseCoopers, the growth of the Indian E&M industry is expected to decelerate to about eight per cent in 2009 from a CAGR of 16.6 per cent (over 2004-08), largely influenced by a marked slowdown in advertising spending.<br />However, with the economic conditions improving, the growth is expected to increase to 10.4 per cent in 2010.<br /><br />PricewaterhouseCoopers has predicted the industry to grow at a CAGR of 10.5 per cent over the period of 2009-13 as against a CAGR of about 16.6 per cent over the period 2004-08.</p>