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India poised to lead global creative economy through AI-powered innovation
India poised to lead global creative economy through AI-powered innovation

Hans India

time6 days ago

  • Business
  • Hans India

India poised to lead global creative economy through AI-powered innovation

Hyderabad: The Ministry of Information and Broadcasting is taking bold strides to position India at the forefront of the global creative economy with the strategic use of artificial intelligence, said Union I&B Secretary Sanjay Jaju. Addressing during a high-profile meeting held on Thursday at T-Hub Hyderabad, he invited India's top AI and ML startups to join the Ministry's ambitious challenges—Kalaa Setu and Bhasha Setu—launched under the WaveX Startup Accelerator Platform. Jaju emphasized that these initiatives align with the Prime Minister's vision of nurturing a thriving creator economy rooted in innovation and cultural inclusivity. He called upon the startup community to design scalable and indigenous digital solutions that honor the nation's linguistic and cultural diversity, ensuring last-mile communication delivery across all Indian languages. The meeting witnessed participation from premier incubators, startups based in T-Hub, and representatives from IIT Hyderabad, NITs, and innovation-focused engineering institutions. Startups can register and explore technical details for both challenges at the WaveX portal ( Finalists will pitch their solutions in New Delhi before a national jury. Winners will receive an MoU for full-scale development, pilot collaboration with All India Radio (AIR), Doordarshan (DD), and Press Information Bureau (PIB), and full incubation under the WaveX Innovation Platform. WaveX, launched under the Ministry's WAVES initiative, is dedicated to fostering innovation across media, entertainment, and language technology. At the WAVES Summit 2025 in Mumbai, more than 30 startups were allowed to pitch directly to key stakeholders, including government agencies, investors, and industry leaders. The Ministry's support through WaveX reflects a strong commitment to empowering startups with mentorship, hackathons, and integration with national platforms, potentially redefining the way India communicates and creates in the digital age. India's vision of leveraging AI for inclusive development just gained significant momentum, he added.

India will leverage AI to lead global creative economy: I&B Secretary Sanjay Jaju
India will leverage AI to lead global creative economy: I&B Secretary Sanjay Jaju

The Hindu

time6 days ago

  • Business
  • The Hindu

India will leverage AI to lead global creative economy: I&B Secretary Sanjay Jaju

Information & Broadcasting Secretary Sanjay Jaju said on Thursday that the country was all set to lead the global creative economy with artificial iIntelligence-driven innovation 'In order to ensure inclusive communication and last-mile information delivery in every language across the country, the Ministry of Information and Broadcasting is moving towards adopting AI-based solutions that can bridge linguistic divides,' the Ministry said in a statement. Mr. Jaju held a meeting with incubators and startups working on AI/ML-based technology solutions at the T-Hub in Hyderabad on Thursday. 'Apart from the CEO of T-Hub and the startups being incubated at T-Hub, participants included representatives of IIT Hyderabad, Centres of Excellence of NITs, and engineering institutions with active innovation cells,' it said. He said in line with the PM's vision to encourage the creator economy, the Ministry has set up the WaveX Startup Accelerator platform, which has launched the Kalaa Setu and Bhasha Setu challenges. Mr. Jaju urged India's leading AI startups to participate in the above challenges and develop indigenous, scalable solutions that reflect the linguistic and cultural diversity of the nation. The shortlisted teams will present their solutions before a national jury in Delhi, with the winner receiving an MoU for full-scale development; pilot support for AIR, DD, and PIB; and incubation under the WAVEX Innovation platform.

India set to lead global creative economy with AI-driven innovation: I&B ministry
India set to lead global creative economy with AI-driven innovation: I&B ministry

New Indian Express

time6 days ago

  • Business
  • New Indian Express

India set to lead global creative economy with AI-driven innovation: I&B ministry

NEW DELHI: In order to ensure inclusive communication and last-mile information delivery in every language across the country, the Ministry of Information and Broadcasting is moving towards adopting AI-based solutions that can bridge linguistic divides. The Secretary of Ministry of Information & Broadcasting Sanjay Jaju on Thursday held a meeting with Incubators and Startups from across the country, working on AI/ML-based technology solutions at the T-Hub in Hyderabad. Apart from the CEO of T-Hub and the Startups being incubated at T Hub, participants included representatives of IIT Hyderabad, Centres of Excellence of NITs and Engineering institutions with active innovation cells. Addressing the meeting Jaju said that, in line with the vision of Prime Minister Narendra Modi to encourage creator economy of the country, the ministry has set up the WaveX Startup Accelerator Platform. He further informed that the platform has launched 'Kalaa Setu' and the 'Bhasha Setu' challenges which would be significant in building a future-ready digital ecosystem. Jaju also urged India's leading AI startups to participate in the above challenges and develop indigenous, scalable solutions that reflect the linguistic and cultural diversity of the nation.

E-auction of 730 FM radio channels to be conducted this month: I&B Secretary Jaju
E-auction of 730 FM radio channels to be conducted this month: I&B Secretary Jaju

Time of India

time03-07-2025

  • Business
  • Time of India

E-auction of 730 FM radio channels to be conducted this month: I&B Secretary Jaju

Online auctions for 730 FM radio channels in 234 cities across the country are scheduled to start later this month, Information and Broadcasting Secretary Sanjay Jaju said on Thursday. Addressing the Broadcasting Engineering Society Expo here, Jaju said over 20 top companies from across the country have participated in bids that were invited for the auction under the Private FM Radio Phase III policy. "There are a lot of gains being made now in terms of the private FM radio. The auctions for private FM radio are slated to start this month," Jaju said. "I am sure that it will get good participation from many of the players," he said. In August last year, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal to conduct the third batch of e-auctions for 730 channels in 234 new cities with an estimated reserve price of Rs 784.87 crore, under the Private FM Radio Phase III policy. Live Events In October last year, the Ministry of Information and Broadcasting invited applications for e-auctions. Six months later, in April this year, the Ministry issued Amendment No. 1 to the Auction Rules for Private FM Radio Batch III channels e-auction under Phase III. According to the amendment, the Ministry has extended the duration of each round in the Rank-wise Multiple Rounds allocation stage from 30 minutes to 60 minutes. This change aims to provide bidders with more time per round during the allocation stage, potentially facilitating a more considered bidding process.

E-auction of 730 FM radio channels to be conducted this month: I&B secy
E-auction of 730 FM radio channels to be conducted this month: I&B secy

Business Standard

time03-07-2025

  • Business
  • Business Standard

E-auction of 730 FM radio channels to be conducted this month: I&B secy

Online auctions for 730 FM radio channels in 234 cities across the country are scheduled to start later this month, Information and Broadcasting Secretary Sanjay Jaju said on Thursday. Addressing the Broadcasting Engineering Society Expo here, Jaju said over 20 top companies from across the country have participated in bids that were invited for the auction under the Private FM Radio Phase III policy. "There are a lot of gains being made now in terms of the private FM radio. The auctions for private FM radio are slated to start this month," Jaju said. "I am sure that it will get good participation from many of the players," he said. In August last year, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal to conduct the third batch of e-auctions for 730 channels in 234 new cities with an estimated reserve price of Rs 784.87 crore, under the Private FM Radio Phase III policy. In October last year, the Ministry of Information and Broadcasting invited applications for e-auctions. Six months later, in April this year, the Ministry issued Amendment No. 1 to the Auction Rules for Private FM Radio Batch III channels e-auction under Phase III. According to the amendment, the Ministry has extended the duration of each round in the Rank-wise Multiple Rounds allocation stage from 30 minutes to 60 minutes. This change aims to provide bidders with more time per round during the allocation stage, potentially facilitating a more considered bidding process.

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