'India headed for major recovery in ad spends'
‘India headed for major recovery in ad spends’ Updated: Updated: Ad expenditure to rise 23.2%: GroupM Share Article Ad expenditure to rise 23.2%: GroupM India is expected to see a ‘major recovery’ in advertisement expenditure in 2021 following the slump the sector saw last year due to the COVID-19 pandemic. In its report, ‘This Year, Next Year’ 2021, GroupM predicted that India’s advertising investment would reach an estimated ₹80,123 crore this year. This represents a growth of 23.2%, for the calendar year 2021. India is the second-fastest growing market among the top 10 and...