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World Audio Visual & Entertainment Summit (WAVES)

The World Audio Visual & Entertainment Summit (WAVES), a global summit for the media and entertainment industry, specifically focusing on the Indian media and entertainment Industry, will be held at Goa from 20th to 24th November, 2024 along with 55th International Film Festival of India (IFFI).  

India is one of the largest content creators as well as consumers of the media and entertainment sector. The Indian Media & Entertainment (M&E) industry is one of the fastest growing sectors of India's economy, with the second-largest online market in the world. Driven by rising incomes, the increasing availability of fast internet and low data rates, large smartphone penetration, growing consumer demand and advertising revenues, the sector is expected to reach a value of nearly USD 54 billion by 2026, up from around USD 28 billion in 2021. With favorable policy interventions, the Media and Entertainment Sector will play a major role in taking India's economy to achieve a USD 5 trillion economy target. Therefore, hosting a global media and entertainment summit named WAVES in India will represent India as a global player in this realm and enhance India's global image and soft power.   

WAVES will bring M&E leaders from across the globe on to one platform to discuss the issues, mechanisms and create frameworks for enhancing opportunities. The Summit will include roundtable discussions among countries; cross-cultural content promotion; boost AVGC industry: promote Indian IPs; enhance business opportunities for global and Indian players; showcase Indian talent pool; and poise M&E as a means to generate employment in a sustainable media ecosystem.  

WAVES will provide opportunities for individuals and organizations that are keen on exploring collaborations, investments and market opportunities in India's dynamic media and entertainment sector.  

For any further queries and assistance that you may need, please feel free to get in touch with Ms. Leena Narzary and Mr. Ram Kumar in Film Facilitation Office in National Film Development Corporation (NFDC), reachable on email: leena.narzary@investindia.org.in/ ramkumar vijayan@investindia.org.in and contact No. +919711009762 / +91 9873688093 respectively.

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