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Waves is the rise of India's Orange Economy: PM Narendra Modi

WAVES 2025: The World Audio Video Entertainment Summit 2025 (WAVES 2025) began in Mumbai today. Many dignitaries from the film industry participated in the four-day Waves Summit. Prime Minister Narendra Modi addressed the audience at the inauguration of Waves. Prime Minister Narendra Modi also mentioned the Orange Economy in his speech.
Prime Minister Modi said that Waves is the rise of India's Orange Economy. Content, creativity and culture are the three pillars of the Orange Economy. Indian films now have a reach in every corner of the world. Today, Indian films are released in more than 100 countries. People abroad not only watch Indian films, but also try to understand them. Today, a large number of foreign audiences are watching Indian content with subtitles. The OTT industry has grown 10 times. The size of the screen may be getting smaller, but its scope is infinite. The screen is getting micro, but the message is getting mega.
In the coming days, the economy in the creative sector in India will contribute a lot to the budget of India. Today, India is becoming a global hub for film production, digital content, gaming, fashion, music. In this growth of the Orange economy, the platform of Waves will tell the young creators of the country that you are all bringing a wave to the economy of India. This wave of creativity is driving your hard work, your passion. Our government is with you in your efforts, said Prime Minister Modi.
Will also start Waves Awards in the future
I am convinced that due to the efforts of all of you, Waves will reach new heights in the coming days. My appeal to my colleagues in the industry is, continue what you did in the first summit. Many beautiful waves are yet to come in Waves. Waves Awards will also be started in the future. The most prestigious awards in the field of art and creativity will be
Create in India, Create for the World'
Today, India is rapidly moving towards becoming the third largest economy in the world. India is number one in the global fintech adoption rate. It is the second largest mobile manufacturing country in the world. The third largest startup ecosystem in the world is in India. Our journey to a developed India has now begun. There is more to be done. This is the right time for 'Create in India, Create for the World'. Waves Creative will provide a platform to the talent in the world's music, film, animation, gaming sectors from every corner of India, which the world will also appreciate, said Prime Minister Narendra Modi.