India's first-of-its-kind World Audio Visual and Entertainment Summit, was inaugurated on Thursday by Prime Minister Narendra Modi at the Jio World Centre, Mumbai
The article from YourStory, published on May 15, 2025, discusses the significant growth projected for India's media and entertainment (M&E) industry, which is expected to reach $100 billion within the next decade. This optimistic forecast was highlighted during the Waves 2025 conference, where industry leaders, including Mukesh Ambani and Prime Minister Narendra Modi, emphasized the role of digital transformation and technological advancements in driving this growth. Key points include the expansion of digital platforms, the rise of regional content, and the increasing consumption of online media. The conference also underscored the importance of government policies in fostering a conducive environment for the M&E sector's development, with initiatives aimed at enhancing digital infrastructure and supporting content creators.