World Audio Visual Entertainment Summit (WAVES)
For Prelims: About WAVES, About WAVES-India
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Why in the news? Recently, the Prime Minister has said that India will host the World Audio Visual Entertainment Summit (WAVES) for the first time in February, 2025.
About WAVES:
- WAVES would be the first-ever global summit covering the entire gamut of the Media and Entertainment industry.
- The event will bring together industry leaders, stakeholders, and innovators to discuss prospects, challenges, promote trade to India, and influence the sector's future.
- The Summit will also highlight India's advancements in animation, gaming, entertainment technology and regional and mainstream cinema.
About WAVES-India:
- Vision: To position India as an unparalleled global powerhouse in the dynamic Media & Entertainment landscape while setting new standards of creativity, innovation, and influence worldwide.
- Mission: Empowering global Media & Entertainment leaders with exclusive investment opportunities through the premiere platform of WAVES.
Objectives:
- Position WAVES as a platform to provoke ideas, fuel conversations, facilitate knowledge exchange and engage in meaningful collaborations with M&E industry leaders from across the globe.
- To drive the country's Creative Economy through IP Creation for India & for the World.
- To position India as a business-friendly investment destination.
- To develop India’s M&E infrastructure and build capacity of the industry to ensure skilled workforce for global needs.
- To embrace and adapt to new trends, technology and transformations in the M&E landscape.
Source: India Today