Overview

• Prime Minister Narendra Modi launched the inaugural World Audio Visual and Entertainment Summit (WAVES) in Mumbai, emphasizing India's potential as a global media and entertainment leader.
• The event brings together over 10,000 delegates, 1,000 creators, and participants from over 90 countries for discussions, collaborations, and showcases of innovation across sectors like films, gaming, and digital media.
• The Bharat Pavilion, themed 'Kala to Code,' was unveiled to celebrate India's storytelling heritage and technological advancements in the entertainment industry.
• Key sessions on Day 1 featured Indian cinema legends and focused on topics such as storytelling in the digital age, the role of AI, and India's growing influence in global media.
• WAVES aims to position India as a hub for creativity and innovation, with a goal of expanding the creative economy to $50 billion by 2029.