According to Media Sources, Union Minister of Information and Broadcasting, Ashwani Vaishnaw on Saturday announced that India will host the World Audio Visual and Entertainment Summit (WAVES) from November 20 to 24 in Goa. The summit is a landmark event for the Media and Entertainment industry world. The minister made this announcement at a curtain raiser event in New Delhi along with Chief Minister of Goa Pramod Sawant and Union Minister of State for Information and Broadcasting Dr. L. Murugan, a press release by the @MIB_India said. Addressing the audience at the occasion, Ashwini Vaishnaw said, “The media and entertainment (M&E) world is undergoing a structural change and has seen immense technology infusion. This has opened many opportunities, but on the other, also caused concerns among few participants who have not been able to keep up with the change.” The union minister added, “The role of public policy today, in line with the vision of Prime Minister Narendra Modi, is to enable the harnessing of the best out of this structural change.” He added that the government is committed to supporting the entire ecosystem of media and entertainment in coping with this change.
As Per Media Sources, Speaking on the avenues and the underlying efforts to achieve its goals, the minister said that the government’s focus is on creating employment in the media and entertainment sector and augmenting the talent pipeline. “This will be executed via both structural and procedural efforts. These efforts will ensure the creation of an ecosystem that encourages high-quality content, creates and protects IP rights in the country and cause the world to recognise India as a natural choice for establishing their content creation centres,” Vaishnaw said. The Minister further said that WAVES and the International Film Festival of India (IFFI) will form different parts of the same spectrum and that WAVES Summit represents the input, while the IFFI is the output. He added that the convergence of input and output will establish Goa as a major hub for creativity and talent, solidifying its position as a beacon for innovation and artistic expression. He further expressed his gratitude to the Chief Minister of Goa for hosting WAVES 2024 alongside IFFI so that both ends of the spectrum come together. The Minister along with other dignitaries launched, the website of WAVES 2024 and unveiled the brochure of the summit. Union Minister of State Dr. L. Murugan said that WAVES 2024 will bring to life the vision of PM Modi of bringing global leaders from the M&E industry to India. He added that the Summit will create a platform to encourage the skilled manpower of the country from the sector.
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