At the WAVES 2025 Summit held in Mumbai, Reliance Industries Chairman Mukesh Ambani made a significant prediction regarding India’s media and entertainment sector. He projected that the industry, currently valued at approximately $28 billion, could expand to over $100 billion within the next decade. Ambani attributed this potential growth to India’s digital transformation and the integration of advanced technologies like artificial intelligence and immersive media, which are poised to enhance storytelling and broaden global reach.
Addressing the summit, which was attended by Prime Minister Narendra Modi and delegates from 90 countries, Ambani also commented on the recent terror attack in Pahalgam. He lauded PM Modi’s decision to attend the event despite the tragedy, stating that the Prime Minister’s presence sent a “strong message of hope, unity, and unshakable resolve.” Ambani expressed condolences to the victims’ families and emphasized national solidarity in the face of terrorism.
While Ambani did not directly mention Pakistan in his remarks, his comments on terrorism and national unity were interpreted by some as an indirect reference to cross-border tensions. He underscored the importance of standing together against threats to peace and humanity, aligning with broader sentiments expressed by other Indian leaders in the wake of the attack.
In summary, Ambani’s address highlighted both a visionary outlook for India’s entertainment industry and a call for national resilience and unity in challenging times.
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