In a significant move to advance India’s media and entertainment sector, Union Minister of State for Information & Broadcasting and Parliamentary Affairs, Dr. L Murugan, released five key reports at WAVES 2025 in Mumbai.
These reports, prepared by renowned national and international agencies, provide a comprehensive analysis of India’s evolving media landscape.
The Statistical Handbook on Media & Entertainment 2024–25 presents data-driven insights into trends, audience behaviour, and industry developments. The report highlights the exponential growth in media channels, publications, and digital content, reinforcing India’s growing influence in the global entertainment space.
Boston Consulting Group’s report on India’s Creator Economy underscores the economic impact of India’s thriving digital creator ecosystem, predicting consumer influence to surpass $1 trillion by 2030. Meanwhile, Ernst & Young’s A Studio Called India positions the country as a global content hub, leveraging its linguistic and cultural diversity and competitive cost advantages in animation and VFX.
Legal clarity remains a priority, with Khaitan & Co.’s Regulatory Handbook providing essential compliance guidelines for studios, influencers, and media platforms. This report addresses key areas such as influencer marketing, AI-generated content, taxation in gaming, and celebrity rights protection.
The Whitepaper on India’s Live Events Industry forecasts 15% annual growth in event-based tourism and demand for premium entertainment experiences. It stresses the need for upgraded infrastructure, streamlined licensing, and formal recognition of live events under MSME and creative economy policies.
With growing government support, India’s media and entertainment industry is set to become a major force on the global stage, fostering innovation, creativity, and economic growth.
