India’s media and leisure business has the potential to develop over $100 billion within the subsequent decade, creating tens of millions of jobs, Reliance Industries Ltd’s (RIL) Chairman & Managing Director Mukesh Ambani stated on Thursday.
In his deal with on the inaugural session of WAVES 2025 summit, Ambani stated, “India’s media and leisure business is immediately valued at $28 billion. It may well develop to over $100 billion within the subsequent decade. This progress will drive entrepreneurship, generate tens of millions of jobs, and create a ripple impact throughout sectors.”
He stated to realize this, India ought to spend money on state-of-the-art content material clusters throughout the nation. “It ought to practice tens of hundreds of our gifted younger folks in animation, VFX, and different applied sciences, and may incentivise IP creation, AI-powered innovation and gamification,” he stated.
Including that India ought to have new funding avenues for this business, Ambani stated, “And India ought to create an enabling, encouraging and empowering regulatory surroundings that rewards creativeness and inclusion.”
He stated India’s leisure and cultural business is not only smooth energy — it’s actual energy. “In an more and more turbulent and unsure world, our tales give the hope of a greater future with their energy to unite, encourage, and enrich,” he stated.
Ambani stated that no nation can match India’s storytelling energy. “Due to this fact, with nice confidence and creativity, allow us to take our tales globally to heal a divided world,” he acknowledged.
The fusion of storytelling and digital applied sciences is once more distinctive to India, which has multiplied the impression and attain of leisure and cultural experiences past creativeness, he stated.
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The instruments of AI and immersive applied sciences could make India’s tales extra fascinating than ever earlier than — and take them immediately to audiences throughout languages, international locations and cultures, Ambani stated, including, “By mastering these instruments, I’m assured that India’s super-talented younger creators will rule the worldwide leisure business with blockbusters.”