What TV doesn't, print can't; we deliver.
What TV doesn't, print can't; we deliver.
I&B minister, in collaboration with the State Government of Goa, will host the first World Audio Visual & Entertainment Summit (WAVES) from November 20-24, 2024. Union IT Minister Ashwini Vaishnaw inaugurated the event by addressing the curtain raiser summit On July 13, in New Delhi.
NEW DELHI: The Ministry of Information and Broadcasting, in collaboration with the State Government of Goa, will host the first World Audio Visual & Entertainment Summit (WAVES) from November 20-24, 2024. Union IT Minister Ashwini Vaishnaw inaugurated the event by addressing the curtain raiser summit today, July 13, in New Delhi.
Ashwini Vaishnaw emphasized the Media & Entertainment (M&E) industry’s role in job creation. He noted that the sector currently employs around 25 lakh individuals and highlighted plans to increase employment opportunities in the coming year.
The summit will coincide with the International Film Festival of India (IFFI) and focus on leveraging technological advancements to boost employment across the M&E sector. Minister Vaishnaw positioned WAVES as a significant platform for job creation and aligning with global M&E trends.
Chief Minister Pramod Sawant expressed enthusiasm for hosting WAVES, building on Goa’s successful legacy of organizing IFFI for two decades. He committed to ensuring the summit’s success and welcomed the Union Government’s initiative.
The global M&E industry, including sectors like Films, TV, Broadcast, Print, and Digital Media, reached a revenue of USD 2.32 trillion in 2022. India’s M&E market, currently valued at USD 26.2 billion, aims to expand its global market share through WAVES by attracting international trade and investment.
FLASH: @AshwiniVaishnaw speaks about incorporating advance technology in media & entertainment sector and also talks about the gender & social parity in the curtain raiser event for #WAVES in New Delhi on July 13#ashwiniVaishnaw #tevhnologu #waves #worldaudiovisualentertainment… pic.twitter.com/mjPxHvPnx6
— The New Indian (@TheNewIndian_in) July 13, 2024
The summit aims to provide a platform for industry leaders, innovators, and stakeholders to engage in meaningful dialogue, foster trade collaborations, and drive innovation across the M&E sectors. The event will explore emerging trends, address challenges, and capitalize on global market dynamics.
The WAVES summit is expected to significantly shape the future of India’s M&E industry, positioning the country as a global hub for media, entertainment, and digital content creation. With comprehensive preparations underway, WAVES promises to elevate India’s status in the global M&E landscape.
