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Waves Summit: PM Modi hails ’Orange Economy’; Ambani sees entertainment industry hitting $100 bn in 10 years

  • On May 1, 2025, Prime Minister Narendra Modi officially opened the four-day WAVES summit in Mumbai, an event that brought together creators from more than 100 countries.
  • The summit, organized by FICCI and the Ministry of Information and Broadcasting, aims to establish India as a global media and entertainment hub through collaboration and innovation.
  • Participants included major Indian film stars and international technology leaders, while the event featured keynote speeches, commemorative stamp releases, and an immersive Bharat Pavilion.
  • Mukesh Ambani stated India's $28 billion media sector could exceed $100 billion within a decade and urged investment in content clusters, AI innovation, and nurturing regional creators.
  • WAVES 2025 signals a new growth phase for India's Orange Economy, emphasizing content, creativity, and culture to generate jobs, entrepreneurship, and global leadership in entertainment.
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The Hindu broke the news in India on Thursday, May 1, 2025.
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