Room for music royalty collection to grow: Union Minister Piyush Goyal

Union minister Piyush Goyal has said the music industry’s royalty collections have jumped 10 times to around Rs 550 crore in the last two years from Rs 50-65 crore annually earlier, and there is still a lot of room for growth.

Representatives from the Indian music business and other copyright associations were present at the Copyright Stakeholders’ Meeting in Mumbai, which was attended by Goyal, who holds the commerce and industry portfolio.