India’s creative economy ambitions were on full display at WAVES 2025, the inaugural World Audio Visual & Entertainment Summit, where a new government report tallies over $1.1 billion in media and entertainment deals and investment commitments inked during the four-day event.
Held in Mumbai from May 1–4 and envisioned and inaugurated by Prime Minister Narendra Modi, the summit convened delegates from more than 100 countries, 3,100 companies, and 100,000 participants spanning film, tech, music, gaming, streaming, and policy. According to the official WAVES 2025 outcome report, released on Friday, the event catalyzed new international partnerships, state-backed infrastructure investments, and large-scale commitments to creator development.
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