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Mukesh Ambani at WAVES: India's media and entertainment industry will hit $100 bn in the next decade

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PM Modi's attendance at WAVES sends a message of hope, unity, and unshakable resolve," Ambani said during the summit's opening address in Mumbai.
At the Waves Summit, Mukesh Ambani, Chairman and Managing Director of Reliance Industries, predicted that India's media and entertainment industry will reach a valuation of $100 billion within the next decade. He highlighted the significant growth potential of the sector, driven by India's large and youthful population, increasing digital connectivity, and rising disposable incomes. Ambani also mentioned the transformative impact of technologies like 5G and AI on the industry. Additionally, Prime Minister Narendra Modi, speaking at the same event, emphasized the government's support for the sector and its role in promoting India's cultural heritage globally.

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