G-Dragon’s Galaxy Corp Eyes Indian Market, Plans a Mumbai Office

• After HYBE, Galaxy Corp. is set to enter India’s fast-rising music economy.
• The company has been conducting early groundwork for market audits, concert feasibility, and subsidiary planning.
• India’s demand surge creates a rare opening for global music flow.

Galaxy Corp., the organization that manages K-Pop icon G-Dragon, will reportedly launch an India office in Mumbai. With this, the Seoul-based entertainment-tech corporation, which also backs Netflix's Physical: 100, will be the second Korean company entering India's thriving music sector after HYBE.

According to The Korea Herald, Galaxy Corp. has been researching the Indian market and getting ready to open a local office. In order to find out how much demand there was for a solo performance and what kind of performance costs they could anticipate, G-Dragon's team also spoke with local organizers late last year.

The India office will become Galaxy Corp.'s fourth foreign branch, following Japan, the United States, and Hong Kong. The company also has a Singapore office, but it is not a complete legal subsidiary.

Not long ago, Billboard too announced the launch of its India edition, which shows that not only K-Pop based companies, but the American music space is also turning its head towards India. With a population of 1.46 billion and an aeons-old musical history, India is in the middle of an enormous opportunity for global players to tap into its music market while maximizing their profits.

Why is G-Dragon’s Galaxy Corp. Interested in India?

Notably, India's live-events sector added ₹13 billion in revenue in 2024, growing by almost 15%. Through 2027, it is projected to grow at an annual rate of 18–19%. As a result, Galaxy Corp. finds the market appealing. The company may also profit from prospects like concerts, content creation, and talent development if it expands into India.

However, there are risks. Although there is a market for K-pop, Bollywood, and well-known domestic musicians will compete for consumer interest and revenue. Additionally, India has a lack of infrastructure, with only a select number of purpose-built venues that are capable of accommodating crowds of 10,000 or more.

Nevertheless, the opportunity for Galaxy Corp is substantial. Their success will depend on effectively managing infrastructural gaps, ticketing economics, and cultural competition in a thriving yet friction-filled industry. A successful plan for India might also help the company's chances in its upcoming IPO, which it hopes to launch early next year, depicting its growth potential.