The article “Movie Music Mania: The Intense Popularity of Indian Film Music in the 1990’s” was published in Music Reference Services Quarterly in 1995. In it, the author, Bal Krishan, concludes with this statement:
“The foreseeable future for music in the Indian film industry is very rosy […] by around 1997 the music companies will take over the major portion of film production” (Krishan, 1995, p. 43).
(Instead, what happened from 1995 through the end of the ’90’s was that the music industry crashed, too large and expensive to continue flourishing. It always amazes me that humans expect success to inflate perpetually.)