The Ministry of Information & Broadcasting announced on 15 October 2026 that India aims to transition from a content market to a creator of globally competitive media companies. During the CII Big Picture Summit 2026, Secretary Shri Chanchal Kumar urged the industry to focus on original intellectual property and sustainable business models. A CII white paper released at the event provides a roadmap for the Indian media and entertainment sector to reach a value of $100 billion by the early 2030s. The announcement also highlighted the launch of the WAVES Global Investor and Investee Meet to connect creative businesses with capital.
Key points
- Target: Indian media and entertainment sector to reach $100 billion by the early 2030s
- Focus: Shift toward original intellectual property (IP) and global market expansion
- Investment: WAVES Global Investor and Investee Meet brought together over 150 participants
- Initiatives: Mention of WAVES, WAVES Bazaar, IICT, and India Cine Hub to support the ecosystem
When it applies
- CII Big Picture Summit 2026
- target for media and entertainment sector to reach $100 billion
Who it affects
- media and entertainment sector
Refers to
- WAVES 2025 vision