The Indian Music Industry
The Indian Music Industry (IMI) is a nonprofit IFPI-affiliated industry association founded in 1936 that represents recorded music labels in India, providing collective advocacy, copyright enforcement, anti-piracy measures, ISRC code allocation, official charting, research reports, and major events such as WAVES Summit.
- Company typePrivate
- Founded1936
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What The Indian Music Industry does
The Indian Music Industry (IMI) is a nonprofit industry association founded in 1936 and headquartered in Mumbai. It serves as the apex body representing recorded music labels in India and operates as an official IFPI (International Federation of the Phonographic Industry) affiliate. IMI's core customers are music labels and record companies; its functional mandate is collective industry representation, copyright advocacy, anti-piracy enforcement, market research, and standards development. It has 11-50 employees and is funded by membership fees from music labels rather than product or service pricing.
IMI's service portfolio includes ISRC code generation and allocation, the official IMI International Top 20 Singles Chart, music piracy prevention and take-down enforcement, annual industry research reports and digital music studies, music certification standards, and membership services for labels. Beyond these operational services, IMI produces major industry events: the WAVES (World Audio Visual & Entertainment) Summit in partnership with the Ministry of Information & Broadcasting, the Theme Music Competition (TMC), and Resonate: The EDM Challenge, all under the Create in India Challenge initiative. Strategic partnerships span IFPI (international representation), EY (joint industry research), FICCI (IPR advocacy), Interpol/CBI/ISB Institute of Data Science (anti-piracy enforcement), and platforms such as Spotify (artist development roundtables).
The organization is led by Blaise Fernandes (President & CEO) and Vikram Mehra (Chairman). IMI actively shapes policy at the intersection of music rights, emerging technology (notably AI), and intellectual property law — evidenced by its participation in the Delhi High Court OpenAI copyright case and multiple AI/IP roundtables in 2026. The addressable market context is significant: India loses approximately ₹1,000 crore annually to music piracy (67% of the market versus a 27% global average), paid streaming subscriptions stood at 14 million in December 2025 (projected to grow to 28-30 million by 2028), and 38% of Indian consumers have ever paid for music streaming compared to 86% for video OTT services — indicating substantial headroom for monetization that IMI's advocacy work aims to unlock for its member labels.
The Indian Music Industry firmographics
Firmographics- Name
- The Indian Music Industry
- Legal name
- The Indian Music Industry
- Website
- https://indianmi.org
- Company type
- Private
- Founded year
- 1936
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Indian Music Industry (IMI) is a nonprofit IFPI-affiliated industry association founded in 1936 that represents recorded music labels in India, providing collective advocacy, copyright enforcement, anti-piracy measures, ISRC code allocation, official charting, research reports, and major events such as WAVES Summit.
- Ownership category
- akta.pro rank
The Indian Music Industry industry classification
Industry- Product category
- Music Industry Trade Association
- NAICS
- Motion Picture and Sound Recording Industries (512)
- akta.pro primary industry
- AI Music Creation & Assistive Tools (Generation, Separation, Mastering) (MPAIAIAG)
Keywords
Where The Indian Music Industry is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
The Indian Music Industry business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Distribution channels1 record
Marketing channels5 records
The Indian Music Industry product offering
Product offeringCore offering
The Indian Music Industry (IMI) is the apex trade association representing recorded music labels in India, operating as an IFPI affiliate. Its core offerings include ISRC code generation for unique identification of sound recordings, the IMI International Top 20 Singles Chart, music piracy prevention and enforcement services, industry certification standards, annual research reports, and membership services for record labels. IMI also organizes industry events including the WAVES Summit and competitions such as the Theme Music Competition and Resonate: The EDM Challenge.
Product overview
The Indian Music Industry (IMI) is the apex industry body representing recorded music labels in India, operating as an IFPI affiliate. IMI offers a portfolio of services including ISRC code generation for unique recording identification, official music charting (IMI International Top 20 Singles Chart), music piracy prevention and enforcement services, industry research and annual reports, music certification standards, and membership services for music labels. Additionally, IMI organizes major industry events including the WAVES (World Audio Visual & Entertainment) Summit, Theme Music Competition (TMC), and Resonate: The EDM Challenge as part of the Create in India Challenge initiative.
Differentiator
Problem solved
Functional benefit
Products and services
- ISRC Code Service IMI provides International Standard Recording Code (ISRC) generation and allocation services for music recordings in India, enabling unique identification of sound recordings and music video recordings. Available to music labels, producers, and recording rights holders.
- IMI International Top 20 Singles Chart Official music chart tracking the top 20 international singles in India, providing industry-recognized music popularity rankings for labels, distributors, media, and consumers.
- Music Piracy Prevention and Enforcement IMI conducts anti-piracy operations, take-down enforcement, and advocates for stronger IP protection laws to combat music piracy in India. Available to member music labels and the broader industry.
- Industry Research Reports IMI publishes annual reports, digital music studies, and policy briefs on the Indian music industry, including market trends, piracy impact analysis, and economic contributions. Target audience includes labels, policymakers, media, and researchers.
- Music Certification Services IMI offers certification standards and application processes for music releases, ensuring quality and industry compliance for recordings in India.
- Membership Services IMI provides membership to music labels with benefits including advocacy, networking, industry data, and collective licensing representation.
- Resonate: The EDM Challenge Global Electronic Dance Music competition at WAVES Summit organized by IMI and Ministry of Information & Broadcasting, showcasing EDM production and live performance talent to a worldwide audience of producers and performers.
- Theme Music Competition (TMC) Competition under the Create in India Challenge at WAVES, seeking the 'Song of India' that represents Indian classical music or fusion compositions. Targeted at musicians, composers, and creators across India.
Companies that use The Indian Music Industry
Customer profileSegments1 record
Ideal customer profiles1 record
The Indian Music Industry technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Indian Music Industry partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, moderate and minor.
- Ministry of Information & Broadcasting (I&B)coreIMI collaborates with the Ministry of I&B to organize WAVES (World Audio Visual & Entertainment Summit) events including Resonate: The EDM Challenge and Theme Music Competition as part of the Create in India Challenge.
- Interpol / CBI / ISB Institute of Data SciencemoderateIMI participated in the Digital Piracy Conference organized by Interpol, the Central Bureau of Investigation, and ISB's Institute of Data Science on piracy enforcement.
- IFPI (International Federation of the Phonographic Industry)coreIMI is an official IFPI Affiliate, representing the Indian recorded music industry as part of the global music industry organization. This affiliation provides international representation and standards for IMI and its member labels.
- EY (Ernst & Young)coreEY and IMI jointly publish industry reports on the Indian music market, including research on music consumption patterns, paid subscriptions, and streaming trends in India.
- FICCImoderateIMI partners with FICCI on digital piracy seminars, IPR issues, and industry consultations to advocate for intellectual property rights protection.
- SpotifyminorIMI participated in a Spotify roundtable on promotion of emerging artists, discussing collaboration between music industry bodies and streaming platforms.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
The Indian Music Industry competitors and assessment
Company assessmentDirect peers
- BVMI (Bundesverband Musikindustrie): Germany's recorded music industry association, comparable to IMI in representing labels, publishing official charts and annual market reports, and conducting anti-piracy and IP advocacy.
- RIAA (Recording Industry Association of America): US trade body representing record labels, performing the same advocacy, anti-piracy enforcement, certification (Gold/Platinum), and market research role as IMI does in India.
- Music Canada: Canada's recorded music trade association, performing equivalent chart administration, certification, market research, and advocacy functions to IMI in the Canadian market.
- RIAJ (Recording Industry Association of Japan): Japan's recorded music industry association, directly comparable to IMI in representing Japanese labels, publishing charts and market data, and engaging on IP enforcement.
- IFPI (International Federation of the Phonographic Industry): Global apex body of the recorded music industry, of which IMI is the official India affiliate. Directly comparable as the parent trade association coordinating national recorded-music bodies, anti-piracy advocacy, and global market data.
- BPI (British Phonographic Industry): UK recorded music trade association equivalent to IMI, operating BRIT-certified chart, anti-piracy campaigns, and policy advocacy on behalf of UK labels.
- ARIA (Australian Recording Industry Association): Australian recorded music trade association running ARIA Charts, ARIA Awards certifications, and label advocacy - functionally the same role IMI plays in India.
- SENA (Stichting Stemra / Dutch recorded music body): Netherlands' recorded music industry body, performing equivalent label representation, royalty administration, and IP advocacy comparable to IMI's mandate in India.
- SNEP (Syndicat National de l'Édition Phonographique): France's recorded music industry trade body, structurally analogous to IMI in representing French labels, publishing market data and certifications, and engaging in IP policy.
Emerging players
- PPL (Phonographic Performance Limited): UK music rights collection organization performing rights-adjacent functions to part of IMI's mandate; comparable in industry-infrastructure role though focused specifically on public-performance royalty distribution rather than full-spectrum association services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
The Indian Music Industry social profiles
Digital presenceThe Indian Music Industry financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Indian Music Industry leadership team
Management profileNumber of profiles
Profiles2 records
The Indian Music Industry funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Indian Music Industry M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Indian Music Industry
What does The Indian Music Industry do?
The Indian Music Industry (IMI) is the apex trade association representing recorded music labels in India, operating as an IFPI affiliate. Its core offerings include ISRC code generation for unique identification of sound recordings, the IMI International Top 20 Singles Chart, music piracy prevention and enforcement services, industry certification standards, annual research reports, and membership services for record labels. IMI also organizes industry events including the WAVES Summit and competitions such as the Theme Music Competition and Resonate: The EDM Challenge.
Is The Indian Music Industry a public or private company?
The Indian Music Industry is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was The Indian Music Industry founded?
The Indian Music Industry was founded in 1936. It employs 11 to 50 people.
Where is The Indian Music Industry based?
The Indian Music Industry is headquartered in Mumbai, India, in the Asia region.
Who are The Indian Music Industry's main competitors?
Direct peers on record are BVMI (Bundesverband Musikindustrie), RIAA (Recording Industry Association of America), Music Canada, RIAJ (Recording Industry Association of Japan), IFPI (International Federation of the Phonographic Industry), BPI (British Phonographic Industry), ARIA (Australian Recording Industry Association), SENA (Stichting Stemra / Dutch recorded music body) and SNEP (Syndicat National de l'Édition Phonographique). PPL (Phonographic Performance Limited) is listed as an emerging player.
Does The Indian Music Industry have an API?
No public API is recorded for The Indian Music Industry.
What industry is The Indian Music Industry in?
The Indian Music Industry's product category is Music Industry Trade Association. Its primary akta.pro industry code is MPAIAIAG, AI Music Creation & Assistive Tools (Generation, Separation, Mastering). Its NAICS code is 512.