Mumbai, May 1 -- Emphasising the immense potential of India's creative economy, stating that in the coming years, its contribution to the country's GDP is set to increase significantly, Prime Minister Narendra Modi said that India is emerging as a global hub for film production, digital content, gaming, fashion, and music.

Speaking at the World Audio Visual and Entertainment Summit (WAVES) 2025 today at the Jio World Convention Centre, the Prime Minister noted the promising growth opportunities in the live concert industry and the vast potential in the global animation market, which currently stands at over USD 430 billion and is projected to double in the next decade.

The Prime Minister highlighted that this presents a significant oppo...