QuoteWe have to come out of the list of importing nations in the defence sector and become a major exporter in the sector: PM
QuoteWe have tried to promote transparency, predictability and ease of doing business in the defence sector: PM
QuoteCentre has introduced reforms such as de-licensing, de-regulation, promoted exports and foreign investment liberalisation for the defence sector: PM

Namaskar ji,

As you all know that the Indian government holds webinars with the people of different fields after the budget presentation for its early implementation. Discussions are going on how to make private companies a partner and draw a roadmap for implementing the budget. I am happy that today I have got the opportunity to meet all the partners and stakeholders participating in the webinar organized by the Ministry of Defence. Many-many best wishes to all of you.

I think today's dialogue is very important in terms of how India can become self-reliant in the defence sector. It is very necessary that there should be information as well as brainstorming regarding the new prospects that have emerged in the defence sector following the budget and what should be the future direction. We often see something scribbled in the places where our warriors are trained that the sweat shed during the period of peace prevents spilling of blood during the war. That is, the precondition of peace is heroism, the precondition of heroism is capability and the precondition of capability is the early preparation and all the rest follow. It is also said in our country: ‘’सहनशीलता, क्षमा, दया को तभी पूजता जग है,बल का दर्प चमकता उसके पीछे जब जगमग है’’ i.e., "Tolerance, forgiveness and mercy is worshipped by the world only when the plume of force shines behind it."

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Friends,

India has a centuries-old experience of building weapons and military equipment. We had hundreds of ordnance factories before independence. In both the world wars, weapons at large scale were exported from India. But, for many reasons, this system has not been strengthened as much as it should have been after independence. The condition is such that we have to look for other countries even for small arms. Today, India is one of the biggest defence importers in the world and it is not a matter of great pride. It is not that the people of India do not have talent. It is not that the people of India do not have the capability.

You see, India was not making ventilators when the corona started. Today, India is making thousands of ventilators. India, which has the capacity to reach Mars, could also develop modern weapons. But it was considered easy to import weapons. And the nature of man is such that he accepts what is easy and which is easily found. In your home also you will find that you have been using so many foreign products for years. The same thing has happened with defence. But now today's India is working to change the situation.

Now, India is engaged in accelerating its capacities and capabilities. There was a time when our own fighter aircraft Tejas had to be consigned to files. But our government relied on the capabilities of our engineers and scientists on developing the Tejas, and today Tejas is flying gracefully in the skies. A few weeks back, an order worth Rs. 48,000 crore was placed for Tejas. It will lead to coming together of so many MSME sectors in this field and the volume of business will also be very huge. Our jawans have to wait too long for bullet proof jackets. Today, we are not only making bullet proof jackets for ourselves in India, but also increasing our capacity to supply to other countries.

Friends,

With the formation of the post of Chief of Defence Staff, it has become very easy to bring uniformity in procurement processes, trial and testing, induction of equipment and in the process of services, and it is progressing rapidly in collaboration with all the wings of all our defence forces. This year's budget has further strengthened the commitment to modernize the army. The capital outlay in the defence sector has been increased by 19 per cent after about a decade and a half. For the first time since independence, so much emphasis is being given to increase the participation of the private sector in the defence sector. The government is emphasizing on the ease of doing business to take the private sector forward and to make things easier for them to work.

Friends,

I also understand the concern in the defence sector regarding the private sector participation. The government's interference in the defence sector is manifold more than other sectors of the economy. The government is the only buyer, the government itself is the manufacturer and it is also difficult to export without the permission of the government. And it is natural too, because this sector concerns national security. But, at the same time, the defence manufacturing ecosystem of the 21st century cannot grow without the private sector partnership. I understand it very well and now all the organs of the government also agree. And, therefore, you may have noticed that since 2014, with transparency, predictability and ease of doing business, we are constantly moving forward in this sector by taking one step after another. With a number of such measures like de-licensing, de-regulation, export promotion, foreign investment liberalization, we have taken strong steps in this sector one after the other. And I would also say that I have got the maximum support and help for all these efforts from the leadership of the uniformed forces. They are also, in a way, emphasizing it, taking it forward.

Friends,

It gives a lot of strength when a person wearing a uniform of the defence force says this, because for him war is either life or death. He protects the country by risking his life. You can very well imagine that if he comes forward for Atmanirbhar Bharat, then the atmosphere would be full of positivity and enthusiasm. You also know that India has made a list of 100 important items related to defence, which is called negative list and which we can manufacture with the help of our local industries. The timeline has been set so that our industries can plan to meet these requirements.

It is called a negative list in the official language, but I see it in a different way. According to me, it is a positive list in the language of self-sufficiency. This is the positive list on which our own manufacturing capacity is going to increase. This is the positive list that will generate employment in India. This is the positive list that is going to reduce our dependence on foreign countries for our defence needs. This is the positive list that guarantees the sale of indigenous products in India. And there is an inherent possibility of continuous innovation of these products according to the needs of India, our climate and the nature of our people.

Whether it is our army or our economic future, it is a kind of positive list for us. And for you, this is the most positive list, and I assure all of you in this meeting today that there will be no such approach to import any goods related to the defence sector which the country or the government or private company has the capability to design and manufacture. You may have noticed that a part has been reserved for domestic procurement even in the capital budget of defence. I urge the private sector to come forward in manufacturing as well as designing and developing so that Indian flag can be kept flying high on the global stage. Don’t let go of this opportunity. The private sector of the country should utilize the DRDO’s experience in the field of indigenous design and development. Rapid reforms are being undertaken in DRDO so that rules and regulations don’t become an irritant. Now, the private sector will be involved in the beginning of the projects.

Friends,

Never before, many small countries in the world bothered so much for their safety. But in view of the new challenges in the changing global environment, such small countries also have to worry about their security; security is becoming a very important subject for them also. It is very natural that such poor and small countries would look to India for their security needs because of our low cost manufacturing strength. We have the strength of quality products, and we only need to move forward. India also has a big role to play in helping these countries and there is a great role and a huge opportunity for India's developing defence sector. Today, we are exporting defence goods to more than 40 countries. From the identity of the import-dependent country, we have to identify ourselves as the world's leading defence exporter and strengthen this identity by taking you along.

We also have to keep in mind that a healthy defence manufacturing ecosystem is very important for large industries as well as small and medium manufacturing units. Our start-ups are giving us the innovations needed to make rapid changes with the changing times, putting us in the forefront of our defence preparedness. MSMEs work as a backbone for the entire manufacturing sector. The reforms that are taking place today are giving more freedom to MSMEs and encouragement to expand.

These MSMEs help medium and large manufacturing units, which add firepower to the entire ecosystem. This new thinking and new approach is also very important for the youth of our country. Platforms like iDEX are encouraging our start-up companies and young entrepreneurs in this direction. The defence corridors that are being built in the country today will also help local entrepreneurs and local manufacturing. That is, today, self-sufficiency in our defence sector has to be seen as the empowerment of these two fronts – “Jawan as well as Naujawan (Youth)”.

Friends,

There was a time when the security of the country was related to sea, land and sky. Now the scope of security has expanded to every sphere of life. And the major reason for this is tactics like terrorism. Similarly, a new front has opened in the form of cyber attack that has changed the entire dimension of security. There was a time when substantial weapons were to be imported for security. Now the situation is such that even a small computer in a small room has become an aspect of the country's security, and, therefore, we have to work with a futuristic vision keeping in view the technology of the 21st century and the technology driven requirements along with traditional defence items. And investment has to be done now.

Therefore, it is also important today that we will have to focus on defence-related courses, defence skill courses, skill development and human resource development in our higher educational institutions, research institutes, universities and in our academic world. Research and innovation will also have to be taken care of. Time demands that these courses have to be designed as per the needs of India. As there are uniformed soldiers in traditional defence, we have to look for those in the academic world, researchers and security experts. We have to take steps also keeping in view this requirement. I hope you would move forward in this direction also.

Friends,

I would request the Ministry of Defence and all of you to prepare a time-bound action plan and a perfect roadmap, based on today's discussion and implement it with the participation of both the government and the private sector. With the wish that this discussion and your suggestions take the country to new heights in the defence sector, I wish you all the best for today's webinar, for your supreme ideas and for your resolve to make the country self-reliant in the security sector.

Many thanks!

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Prime Minister Shri Narendra Modi inaugurates WAVES 2025
May 01, 2025
QuoteWAVES highlights India's creative strengths on a global platform: PM
QuoteWorld Audio Visual And Entertainment Summit, WAVES, is not just an acronym, It is a wave of culture, creativity and universal connectivity: PM
QuoteIndia, with a billion-plus population, is also a land of a billion-plus stories: PM
QuoteThis is the right time to Create In India, Create For The World: PM
QuoteToday when the world is looking for new ways of storytelling, India has a treasure of its stories dating back thousands of years, this treasure is timeless, thought-provoking and truly global: PM
QuoteThis is the time of dawn of Orange Economy in India, Content, Creativity and Culture - these are the three pillars of Orange Economy: PM
QuoteScreen size may be getting smaller, but the scope is becoming infinite, Screen is getting micro but the message is becoming mega: PM
QuoteToday, India is emerging as a global hub for film production, digital content, gaming, fashion, music and live concerts: PM
QuoteTo the creators of the world — dream big and tell your story, To investors — invest not just in platforms, but in people, To Indian youth — tell your one billion untold stories to the world: PM

Prime Minister Shri Narendra Modi inaugurated the WAVES 2025, India’s first-of-its-kind World Audio Visual and Entertainment Summit at the Jio World Centre, Mumbai today. Addressing the gathering on the occasion, he greeted everyone on the occasion of Maharashtra day and Gujarat Statehood day being celebrated today. Acknowledging the presence of all international dignitaries, ambassadors, and leaders from the creative industry, the Prime Minister highlighted the significance of the gathering, emphasizing that over 100 countries' artists, innovators, investors, and policymakers have come together to lay the foundation for a global ecosystem of talent and creativity. “WAVES is not merely an acronym but a wave representing culture, creativity, and universal connectivity”, he remarked, further underlining that the summit showcases the expansive world of films, music, gaming, animation, and storytelling, offering a global platform for artists and creators to connect and collaborate. The Prime Minister congratulated all participants on this historic occasion and extended his warm welcome to the distinguished guests from India and abroad.

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Reflecting on India's rich cinematic history at the WAVES Summit, Shri Modi noted that on May 3, 1913, India’s first feature film, Raja Harishchandra, was released, directed by the pioneering filmmaker Dadasaheb Phalke. He recalled that Phalke’s birth anniversary was celebrated just a day earlier. He underscored the impact of Indian cinema over the past century, stating that it has successfully taken India's cultural essence to every corner of the world. He highlighted the popularity of Raj Kapoor in Russia, the global recognition of Satyajit Ray at Cannes, and the Oscar-winning success of RRR, emphasizing how Indian filmmakers continue to shape global narratives. He also acknowledged the cinematic poetry of Guru Dutt, the social reflections of Ritwik Ghatak, the musical genius of A.R. Rahman, and the epic storytelling of S.S. Rajamouli, stating that each of these artists has brought Indian culture to life for millions worldwide. Shri Modi also remarked that Indian cinema legends were honored through commemorative postage stamps, paying tribute to their contributions to the industry.

Emphasising the importance of India’s creative capability and global collaboration, the Prime Minister remarked that over the years, he has engaged with professionals from gaming, music, filmmaking, and acting, discussing ideas and insights that deepened his understanding of the creative industries. He highlighted a unique initiative undertaken during Mahatma Gandhi’s 150th birth anniversary, where singers from 150 countries came together to perform ‘Vaishnav Jan To’, a hymn written by Narsinh Mehta nearly 500-600 years ago. He stated that this global artistic effort created a significant impact, bringing the world together in harmony. He further noted that several individuals present at the summit had contributed to the Gandhi One Fifty initiative by creating short video messages, advancing Gandhi’s philosophies. He remarked that the collective strength of India's creative world, combined with international collaboration, has already demonstrated its potential, and that vision has now materialized as WAVES.

Shri Modi praised the resounding success of the first edition of the WAVES Summit, stating that from its very first moment, the event has captured global attention and is “roaring with purpose.” He acknowledged the dedication and efforts of the summit’s Advisory Board, emphasizing their role in making WAVES a landmark event in the creative industry. He highlighted the large-scale Creators Challenge and Creatosphere initiative, which saw participation from approximately 100,000 creative professionals across 60 countries. He remarked that out of 32 challenges, 800 finalists have been selected, recognizing their talent and congratulating them on their achievement. He encouraged the finalists, stating that they now have the opportunity to make their mark on the global creative stage.

The Prime Minister expressed enthusiasm for the creative developments showcased at the Bharat Pavilion during the WAVES Summit. He remarked that significant innovation has been achieved, and he looked forward to witnessing these creations firsthand. The Prime Minister highlighted the WAVES Bazaar initiative, noting its potential to encourage new creators and connect them with emerging markets. He praised the concept of linking buyers and sellers in the art industry, stating that such initiatives strengthen the creative economy and provide fresh opportunities for artists.

Reflecting on the deep-rooted connection between creativity and human experience, stating that a child's journey begins with the lullaby of a mother, their first introduction to sound and music, Shri Modi remarked that just as a mother weaves dreams for her child, creative professionals shape the dreams of an era. He underscored that the essence of WAVES lies in bringing together such visionary individuals who inspire and influence generations through their art.

Reaffirming his belief in collective efforts, stating that the dedication of artists, creators, and industry leaders will elevate WAVES to new heights in the coming years, Shri Modi urged his industry counterparts to continue the same level of support and handholding that made the first edition of the summit a success. He remarked that many exciting waves are yet to come and announced that WAVES Awards will be launched in the future, establishing themselves as the most prestigious honors in the world of art and creativity. He emphasized the need for sustained commitment, stating that the goal is to win the hearts of people across the world and inspire generations through creativity.

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Highlighting India’s rapid economic progress, stating that the nation is on its way to becoming the world’s third-largest economy, the Prime Minister remarked that India holds the number one position in global fintech adoption, is the second-largest mobile manufacturer, and has the third-largest startup ecosystem worldwide. He emphasized that India’s journey toward becoming a developed nation has only begun and has much more to offer. “India is not only home to a billion-plus population but also a billion-plus stories”, he added. Referencing the country’s rich artistic history, he recalled that two thousand years ago, Bharata Muni’s Natya Shastra emphasized the power of art in shaping emotions and human experiences. He noted that centuries ago, Kalidasa’s Abhijnana-Shakuntalam introduced a new direction in classical drama. Prime Minister underscored the deep cultural roots of India, stating that every street has a story, every mountain carries a song, and every river hums a tune. He remarked that India's six lakh villages each have their own folk traditions and unique storytelling styles, with communities preserving their histories through folklore. He highlighted the spiritual significance of Indian music, noting that whether it is bhajans, ghazals, classical compositions, or contemporary tunes, every melody carries a story, and every rhythm holds a soul.

Shri Modi underscored India's deep-rooted artistic and spiritual heritage at the WAVES Summit, highlighting the concept of Naad Brahma, the divine sound. He remarked that Indian mythology has always expressed divinity through music and dance, citing Lord Shiva’s Damru as the first cosmic sound, Goddess Saraswati’s Veena as the rhythm of wisdom, Lord Krishna’s Flute as an eternal message of love, and Lord Vishnu’s Shankha as a call for positive energy. He emphasized that the mesmerizing cultural presentation at the summit also reflected this rich heritage. Declaring that “this is the right time,” Shri Modi reiterated India’s vision of Create in India, Create for the World, asserting that the country’s storytelling tradition offers an invaluable treasure spanning thousands of years. He highlighted that India's stories are Timeless, Thought-Provoking, and Truly Global, encompassing not just cultural themes but also science, sports, courage, and bravery. He remarked that India’s storytelling landscape blends science with fiction, and heroism with innovation, forming a vast and diverse creative ecosystem. He called upon the WAVES platform to take on the responsibility of sharing India’s extraordinary stories with the world, bringing them to future generations through new and engaging formats.

Drawing parallels between the People’s Padma awards and the vision behind the WAVES Summit, stating that both initiatives aim to recognize and uplift talent from every corner of India, the Prime Minister remarked that while Padma Awards started a few years after independence, they truly transformed when India embraced the People’s Padma, recognizing individuals serving the nation from remote areas. This shift, he emphasized, turned the awards from a ceremony into a national celebration. Similarly, the Prime Minister stated that WAVES will serve as a global platform for India's immense creative talent across films, music, animation, and gaming, ensuring that artists from every part of the country find recognition on an international stage.

Underscoring India's tradition of embracing diverse ideas and cultures, referencing a Sanskrit phrase, Shri Modi emphasized that India's civilizational openness has welcomed communities like Parsis and Jews, who have thrived in the country and become an integral part of its cultural fabric. He acknowledged the presence of ministers and representatives from various countries, noting that every nation has its own successes and contributions. He remarked that India's strength lies in respecting and celebrating global artistic achievements, reinforcing the country's commitment to creative collaboration. He emphasized that by creating content that reflects the accomplishments of different cultures and nations, WAVES can strengthen the vision of global connectivity and artistic exchange.

The Prime Minister extended an invitation to the global creative community, assuring them that engaging with India’s stories would reveal narratives deeply resonant with their own cultures. He emphasized that India’s rich storytelling tradition carries themes and emotions that transcend borders, creating a natural and meaningful connection. He remarked that international artists and creators who explore India’s stories will experience an organic bond with the nation’s heritage. He stated that this cultural synergy will make India’s vision of Create in India even more compelling and accessible to the world.

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“This is the time of dawn of Orange Economy in India, Content, Creativity and Culture - the three pillars of Orange Economy”, exclaimed Shri Modi, remarking that Indian films have now reached audiences in over 100 countries, with global viewers increasingly seeking to understand Indian cinema beyond surface-level appreciation. He highlighted the growing trend of international audiences watching Indian content with subtitles, signaling deeper engagement with India's stories. Shri Modi also noted that India’s OTT industry has witnessed tenfold growth in recent years, stating that while screen sizes may be shrinking, the scope of content is infinite, with micro screens delivering mega messages. He observed that Indian cuisine is becoming a global favorite and expressed confidence that Indian music will soon gain similar worldwide recognition.

Emphasizing the immense potential of India’s creative economy, stating that in the coming years, its contribution to the country’s GDP is set to increase significantly, the Prime Minister remarked, “India is emerging as a global hub for film production, digital content, gaming, fashion, and music”. He noted the promising growth opportunities in the live concert industry and the vast potential in the global animation market, which currently stands at over $430 billion and is projected to double in the next decade. The Prime Minister highlighted that this presents a significant opportunity for India's animation and graphics industry, urging stakeholders to leverage this expansion for greater international reach.

Calling upon India's young creators to drive the nation's Orange Economy forward, acknowledging that their passion and hard work are shaping a new wave of creativity, Shri Modi emphasized that whether they are musicians from Guwahati, podcasters from Kochi, game designers in Bengaluru, or filmmakers in Punjab, their contributions are fueling India's growing creative sector. He assured that the government stands firmly behind creative professionals, supporting them through initiatives like Skill India, Startup Support, policies for the AVGC Industry, and global platforms like WAVES. He remarked that every effort is being made to build an environment where innovation and imagination are valued, fostering new dreams and empowering individuals to bring those dreams to life. Shri Modi highlighted that WAVES will serve as a major platform where Creativity meets Coding, Software blends with Storytelling, and Art merges with Augmented Reality. He urged young creators to make the most of this opportunity, dream big, and dedicate their efforts to realizing their visions.

The Prime Minister expressed his unwavering confidence in India’s content creators, highlighting that their free-flowing creativity is redefining the global creative landscape. He emphasized that the youthful spirit of India's creators knows no barriers, boundaries, or hesitation, allowing innovation to thrive. He remarked that through his personal interactions with young creators, gamers, and digital artists, he has witnessed firsthand the energy and talent emerging from India's creative ecosystem. He acknowledged that India's massive young population is driving new creative dimensions, from reels, podcasts, and games to animation, stand-up, and AR-VR formats. The Prime Minister asserted that WAVES is a platform designed specifically for this generation—one that enables young minds to reimagine and redefine the creative revolution with their energy and efficiency.

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Underscoring the importance of Creative Responsibility in a technology-driven 21st century, Shri Modi emphasised that as technology increasingly influences human lives, extra efforts are needed to preserve emotional sensitivity and cultural richness. He remarked that the creative world holds the power to foster human compassion and deepen societal consciousness. He asserted that the goal is not to create robots but to nurture individuals with heightened sensitivity, emotional depth, and intellectual richness—qualities that cannot stem from information overload or technological speed alone. Shri Modi stressed on the importance of art, music, dance, and storytelling, noting that these forms have kept human sensibilities alive for thousands of years. He urged creatives to reinforce these traditions and build a more compassionate future. He also highlighted the need to protect young generations from divisive and harmful ideologies, stating that WAVES can serve as a vital platform to uphold cultural integrity and instill positive values. He warned that neglecting this responsibility could have grave consequences for future generations.

Emphasising the transformative impact of technology on the creative world, the Prime Minister highlighted the importance of global coordination to harness its full potential. He remarked that WAVES will serve as a bridge connecting Indian creators with global storytellers, animators with global visionaries, and transform gamers to global champions. He invited international investors and creators to embrace India as their content playground and explore the country's vast creative ecosystem. Addressing global creators, the Prime Minister urged them to dream big and tell their story. He encouraged investors to invest not just in platforms, but in people, and called on Indian youth to share their one billion untold stories with the world. He concluded by extending his best wishes to all participants of the inaugural WAVES Summit.

The Governor of Maharashtra Shri C. P. Radhakrishnan, Chief Minister of Maharashtra, Shri Devendra Fadnavis, Union Ministers, Shri Ashwini Vaishnaw, Dr. L. Murugan were present among other dignitaries at the event.

Background

WAVES 2025 is a four-day summit with tagline “Connecting Creators, Connecting Countries” is poised to position India as a global hub for media, entertainment, and digital innovation by bringing together creators, startups, industry leaders, and policymakers from across the world.

In line with Prime Minister’s vision of leveraging creativity, technology, and talent to shape a brighter future, WAVES will integrate films, OTT, gaming, comics, digital media, AI, AVGC-XR, broadcasting, and emerging tech, making it a comprehensive showcase of India's media and entertainment prowess. WAVES aims to unlock a $50 billion market by 2029, expanding India’s footprint in the global entertainment economy.

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At WAVES 2025, India is also hosting the Global Media Dialogue (GMD) for the first time, with ministerial participation from 25 countries, marking a milestone in the country’s engagement with the global media and entertainment landscape. The Summit will also feature the WAVES Bazaar, a global e-marketplace with over 6,100 buyers, 5,200 sellers, and 2,100 projects. It aims to connect buyers and sellers locally and globally, ensuring wide-reaching networking and business opportunities.

Prime Minister visited the Creatosphere and interacted with creators, selected from the 32 Create in India Challenges launched nearly a year ago, which garnered over one lakh registrations. He will also visit the Bharat Pavilion.

WAVES 2025 will witness participation from over 90 countries, with more than 10,000 delegates, 1,000 creators, 300+ companies, and 350+ startups. The summit will feature 42 plenary sessions, 39 breakout sessions, and 32 masterclasses spanning diverse sectors including broadcasting, infotainment, AVGC-XR, films, and digital media.