The Indian Music Industry is an association body of more than 123 members committed towards enforcing their IP Rights in India. Indian Music Industry was established on 28th Feb 1936 as the Indian Phonographic Industry (IPI). It is the Second oldest music companies' associations in the world engaged in defending, preserving and developing the rights of phonogram producers, and actively promoting and encouraging advancement of creativity and culture through sound recordings in india.

Rechristened Indian Music Industry (IMI) in 1994, it is a non-commercial and not for profit making organization affiliated to the International Federation of Phonographic Industry (IFPI) and is registered under the West Bengal Societies Registration Act.

IMI members includes major record companies like Saregama India Ltd. (HMV), Universal Music (India), Tips, Venus, Sony BMG Music Entertainment (India), EMI, Aditya, Asha Audio, Super Audio, Music Today, Times Music and several other prominent national and Regional labels that represent over 75 % of the output in legitimate recordings and a wide range of musical repertoire.

The IMI has conducted more than 1000 raids for mobile chip piracy against shop owners downloading songs without a license. If convicted, punishment ranges from 6 months to 3 years imprisonment and fines between Rs. 50,000/- to Rs. 2 lakhs.