Prelims Bit: Wave Summit

What is wave summit?

The World Audio Visual & Entertainment Summit (WAVES) is a key forum for fostering discussions, collaboration, and innovation in the Media & Entertainment (M&E) industry. The event will unite industry leaders, stakeholders, and innovators to explore opportunities, address challenges, promote global trade, and shape the future of the sector. The WAVES Summit is set to be a global platform for India’s creative talents, promoting collaborations and highlighting the country’s potential as a hub for world-class content creation. It will also showcase India’s progress in animation, gaming, entertainment technology, and both regional and mainstream cinema. The Prime Minister’s call to action emphasizes the government’s dedication to nurturing India’s creative economy and establishing its position as a global leader in media and entertainment.

India and Waves Summit:

1. First-Time Host: India will host the World Audio Visual Entertainment Summit (WAVES) for the first time in February 2025.
2. Global Platform: WAVES will serve as a global platform to showcase India’s creative talents and foster collaborations within the media and entertainment industry.
3. Focus Areas: The summit will highlight India’s advancements in animation, gaming, entertainment technology, and both regional and mainstream cinema.
4. Prime Minister’s Support: Prime Minister Narendra Modi emphasized the role of young creators and professionals in the summit, calling for active participation from all sectors of the creative industry.
5. Cultural Significance: Modi stressed the importance of the event in making India a global hub for content creation and strengthening its position in the media and entertainment sector.
6. Encouraging Youth Participation: The Prime Minister encouraged young creators, established artists, and professionals in TV, animation, gaming, and entertainment technology to take part in the summit.
7. Global Collaboration: Leaders and creative minds from around the world will gather to discuss challenges, opportunities, and the future of the industry.
8. Tributes to Legends: Modi paid tribute to Indian cinema legends such as Raj Kapoor, Mohammed Rafi, Akkineni Nageswara Rao, and Tapan Sinha for their contributions to the industry and cultural heritage.
9. Cultural and Economic Impact: The summit is seen as a key step in enhancing India’s global influence in the entertainment and creative sectors while contributing to the nation’s economic growth.