Ministry of Information & Broadcasting (MoIB) will organize first World Audio Visual & Entertainment Summit (WAVES), a global summit for the media and entertainment industry, specifically focusing on the Indian media and entertainment industry, at Mumbai from 1-4 May 2025.

India is one of the largest content creators as well as consumers of media and entertainment sector. The Indian Media & Entertainment (M&E) industry is one of the fastest growing sectors of India's economy, with the second-largest online market in the world. The sector is expected to reach a value of nearly USD 54 billion by 2026, up from around USD 28 billion in 2021.

WAVES will serve as a premier platform for industry stakeholders to delibrate and collaborate on emerging trends, innovations and opportunities in the print, digital, audio-visual and entertainment sectors. The professionals and enthusiasts working in the media and entertainment landscape would greatly benefit from engaging with WAVES. Therefore, all the relevant stakeholders including media houses, production companies, content creators and industry associations are invited to participate in WAVES.