PM Modi Calls on Global Creators to Harness India’s Booming Creative Economy
Economy

PM Modi Calls on Global Creators to Harness India’s Booming Creative Economy

Prime Minister Narendra Modi has urged worldwide content makers and investors to discover India as a hub for creativity, innovation, and narrative. Speaking at the first World Audio Visual & Entertainment Summit (WAVES) in Mumbai, he emphasised India’s growing status as a global economic and creative powerhouse.

PM Modi emphasised that India is rapidly moving towards becoming the world’s third-largest economy and has the third-largest startup ecosystem.

He identified India’s expanding “orange economy”—the creative sector that includes content production and related investments—as a critical driver of future growth. He said that the OTT sector has grown threefold in recent years, indicating massive prospects.

He encouraged young artists and worldwide innovators to consider India as a natural home for their work, promising government backing and a hospitable ecology. “I’ve interacted with young gamers and creators; their energy is incredible,” he stated.

Looking ahead, he promised that WAVES awards will be created soon to recognise artistic and creative brilliance. PM also emphasised the importance of content makers in promoting sensitivity in the tech-driven era, encouraging them to protect young minds from harmful ideologies.