India’s media and entertainment industry is expected to double in size to 1.66 trillion by 2017, from 82,000 crore last year. That’s a compounded annual growth rate (CAGR) of 15.2%, according to the Indian Media and Entertainment Industry Report 2013 by the Federation of Indian Chambers of Commerce and Industry (Ficci) and KPMG that was released on Tuesday at the Ficci Frames event in Mumbai.