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Slowdown in momentum for India Adex due to focus on quarterly profits, says Madison World Chairman

Slowdown in momentum for India Adex due to focus on quarterly profits, says Madison World Chairman
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AdEx zoomed 37% in 2021 despite Covid second wave: Pitch Madison Report 2022

Mumbai: The total advertising expenditure (AdEx) in 2021 grew at an unprecedented 37 per cent to Rs 74,231 crore, despite the treacherous second Covid-19 wave, which crippled the economy and AdEx for almost three months of May, June and July for the second year running. This is according to the latest flash figures of AdEx estimates released by Pitch Madison Advertising Report.

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