India to Host First World Audio Visual & Entertainment Summit in Mumbai 2025
Event | Details |
---|---|
WAVES Summit 2025 | India's first global-scale platform for the Media and Entertainment (M&E) sector in Mumbai. |
Dates | 1-4 May 2025 |
Organizer | Ministry of Information and Broadcasting, Government of India. |
Key Focus Areas | Broadcasting, films, gaming, animation, VFX, music, advertising, digital/social media, AI, AR/VR/XR. |
Objective | Position India as a global hub for creative content, IP generation, and M&E innovation. |
Anti-Piracy Challenge | Part of the Create in India Challenge (Season 1) under WAVES 2025. |
Launch Date | 12 September 2024 |
Goal | Promote Make in India technologies to combat digital piracy. |
Technologies Focused | Fingerprinting, watermarking, blockchain, steganography. |
Finalists | Top 7 teams to present solutions at WAVES 2025. |
Outcome | Winners to receive national recognition, mentorship, and industry partnerships. |
Piracy Statistics (2024) | 90 million users in India engaged in video piracy, causing USD 1.2 billion in losses. |
Projected Piracy (2029) | Could surge to 158 million users without intervention. |
Supporting Organizations | CII, IPHouse, Tata Consultancy Services (TCS), and Hack2Skill. |
CII Overview | Non-government, not-for-profit organization founded in 1895, headquartered in New Delhi. |