India Can Be the World’s Entertainment Hub, Says Mukesh Ambani at WAVES Summit 2025

Mukesh Ambani, Chairman and MD of Reliance Industries, opened the inaugural WAVES Summit 2025 with a powerful message: India has the potential to become the global hub of media and entertainment. He highlighted how India’s large youth population, creative strength, and fast-growing technology make it a strong contender in the global entertainment space.

Big Opportunities in a Changing World

Ambani spoke about two major shifts changing the creative world — geo-economic changes and rapid technological growth. He said these changes offer a great opportunity for India, especially with its economy expected to become the third largest in the world. India’s media and entertainment industry is already worth USD 28 billion and could grow to USD 100 billion in the next decade, creating jobs and businesses.

AI and Technology Driving the Future

He explained how artificial intelligence (AI) and digital tools are changing how content is made, shared, and watched. These technologies can make content more exciting and help it reach millions of people at once. Ambani noted India’s advantage in creating large amounts of multilingual content across platforms. He also praised Indian VFX teams for their global work.

Jio’s Role in Digital Entertainment

Ambani highlighted Jio’s contribution, especially through JioCinema and JioHotstar. He said these platforms are breaking records and making sports and entertainment more immersive and interactive. The recent Jio-Disney partnership is expected to bring a new wave of global storytelling from India.

4 Key Focus Areas for the Future

Ambani shared four goals:

1. Invest in Market Growth: Support IP creation and new technologies.
2. Make Global Content: Create shows and stories for international audiences.
3. Build Global Partnerships: Work with international players.
4. Promote Positive Values: Use content to spread hope and unity.

Conclusion

India is at a turning point in its media and entertainment journey. With smart investments, global collaborations, and strong technology, it can become a global leader. This could also benefit stocks in entertainment, telecom, and tech sectors.

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