At a time when some international recording artists are looking to include India in their Asian touring itineraries, the late November terrorist attacks in Mumbai could have a damaging impact on the country's emerging live entertainment business.

While India's touring market remains relatively small and is hampered by inadequate infrastructure, a growing number of Western recording stars have performed there in recent years, including Beyoncé, 50 Cent, Wyclef Jean, the Rolling Stones, Shakira, Aerosmith, Lionel Richie and Iron Maiden.

"The tragic events in Mumbai will have a huge impact on the decision of artists touring in India in general," Agency Group CEO Neil Warnock says. "This is such a shame, as we have seen the touring business in India becoming more viable over the last several years."

One immediate casualty of the attacks was...

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