First Edition of WAVES 2025 Held in Mumbai and Secures Business Deals Worth ₹1,328 Crores.
National
Prime Minister (PM) of India Narendra Modi inaugurated India's first-ever World Audio Visual and Entertainment Summit, WAVES 2025, at the Jio World Centre in Mumbai, Maharashtra. The four-day event, organised by the Ministry of Information and Broadcasting (MoI&B) in collaboration with the Government of Maharashtra (GoM), was held from May 1-4, 2025.
- WAVES 2025 was held under the tagline "Connecting Creators, Connecting Countries."
- During WAVES 2025, PM Modi released special postage stamps to honour five great personalities of Indian cinema. These included filmmaker Guru Dutt, director Raj Khosla, filmmaker Ritwik Ghatak, actress P. Bhanumathi, and music composer Salil Chowdhury.
Main Point :- (i) At WAVES 2025, the MoI&B organised the Global Media Dialogue (GMD) for the first time, with support from the Ministry of External Affairs (MEA) and ministerial participation from over 50 countries. During the GMD, 77 countries adopted the 13-point 'WAVES Declaration', focusing on promoting the responsible use of emerging technologies like Artificial Intelligence (AI).
(ii) During WAVES 2025, Union Minister Ashwini Vaishnaw, MoI&B, announced the launch of the Indian Institute of Creative Technology (IICT), a National Centre of Excellence (COE) backed by Jio Star, based in Mumbai.
(iii) WAVES 2025 concluded with remarkable success, recording business transactions totaling Rs. 1,328 crore across various sectors.
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