Latest news with #VisualandEntertainmentSummit


Time of India
03-05-2025
- Business
- Time of India
Ashwini Vaishnaw pitches for shared standards, clear rules for ethical use of AI
Information and Broadcasting Minister Ashwini Vaishnaw on Friday made a strong pitch for joint efforts by governments on shared standards and clear rules for ethical use of artificial intelligence . Addressing the Global Media Dialogue at the World Audio, Visual and Entertainment Summit (WAVES) here, he said tie-ups between government, industry and creators has become indispensable as there was greater focus on local stories. The I&B Minister said the global media dialogue was anchored in creativity, culture and collaboration. "As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise local content promotion and enforce IP framework among other things," Vaishnaw said, addressing the Dialogue, attended by External Affairs Minister S Jaishankar, Minister of State for I&B L Murugan, and representatives for several countries. Vaishnaw also said that governments must support policies that preserve and promote all cultural forms as they connect people across borders. "Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges," he said. "Tie-ups with government, industry and creators have, therefore, become indispensable. Practical steps include co-production treaties to ease licences and talent movement. We need joint funds for new tech, shared standards, and clear rules for ethical AI," Vaishnaw said. The minister said the media and entertainment industry was globally valued around USD three trillion dollars, but its true value was beyond numbers. "It lies in the empathy it creates. In the ideas that it conveys. And in the future it helps us imagine," Vaishnaw said.
&w=3840&q=100)

Business Standard
02-05-2025
- Business
- Business Standard
'India must set clear AI rules, promote local content': Ashwini Vaishnaw
Information and Broadcasting Minister Ashwini Vaishnaw on Friday addressed key issues shaping India's media landscape, including the need for clear regulations on the ethical use of artificial intelligence and measures to promote locally produced content through incentives. Chairing the Global Media Dialogue at the World Audio, Visual and Entertainment Summit (WAVES) in Mumbai, he stressed the importance of local content production, and collaboration between the government, industry and creators for greater focus on local stories. 'As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise local content promotion and enforce IP framework among other things,' Vaishnaw said. The session was co-chaired by External Affairs Minister S Jaishankar, Minister of State for I&B L Murugan. The minister also underlined the need for policies that preserve and promote all cultural forms as they connect people across borders. 'Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges. Tie-ups with government, industry and creators have, therefore, become indispensable,' Vaishnaw said. He further called for practical measures such as co-production treaties to ease licensing and talent movement, the creation of joint funds for emerging technologies, and the establishment of shared standards, and clear rules for ethical AI. WAVES summit The WAVES summit is taking place from May 1-4. The summit aims to boost India's media and entertainment industry by fostering international collaborations, investments, and content co-creation opportunities. On Monday, Prime Minister Narendra Modi inaugurated the summit at the Jio World Convention Centre, stating that the event showcases a 'true wave of culture, creativity, and universal connection'. 'In the coming years, the creative economy can increase its contribution to India's India is emerging as a global hub for film production, digital content, gaming, fashion, music and live is the dawn of the Orange Economy in India,' PM Modi said.


Time of India
02-05-2025
- Business
- Time of India
Ashwini Vaishnaw pitches for shared standards, clear rules for ethical use of AI
Information and Broadcasting Minister Ashwini Vaishnaw on Friday made a strong pitch for joint efforts by governments on shared standards and clear rules for ethical use of artificial intelligence . Addressing the Global Media Dialogue at the World Audio, Visual and Entertainment Summit (WAVES) here, he said tie-ups between government, industry and creators has become indispensable as there was greater focus on local stories. #Pahalgam Terrorist Attack Pakistan reopens Attari-Wagah border to allow stranded citizens in India to return Key Jammu & Kashmir reservoirs' flushing to begin soon Air India sees Pakistan airspace ban costing it $600 mn over 12 months The I&B Minister said the global media dialogue was anchored in creativity, culture and collaboration. "As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise local content promotion and enforce IP framework among other things," Vaishnaw said, addressing the Dialogue, attended by External Affairs Minister S Jaishankar, Minister of State for I&B L Murugan, and representatives for several countries. Vaishnaw also said that governments must support policies that preserve and promote all cultural forms as they connect people across borders. "Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges," he said. Live Events "Tie-ups with government, industry and creators have, therefore, become indispensable. Practical steps include co-production treaties to ease licences and talent movement. We need joint funds for new tech, shared standards, and clear rules for ethical AI," Vaishnaw said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The minister said the media and entertainment industry was globally valued around USD three trillion dollars, but its true value was beyond numbers. "It lies in the empathy it creates. In the ideas that it conveys. And in the future it helps us imagine," Vaishnaw said.


Hindustan Times
02-05-2025
- Business
- Hindustan Times
Local content, stories should be incentivised: Ashwini Vaishnaw at WAVES
Local content and stories within a laid down IP framework should be incentivised, information and broadcasting minister Ashwini Vaishnaw said on Friday, making, at the same time, a pitch for joint funds for new technologies, shared standards and clear rules for ethical use of artificial intelligence. Addressing the Global Media Dialogue at the World Audio, Visual and Entertainment Summit (WAVES) here, he said tie-ups between government, industry and creators had become indispensable as there was greater focus on local stories. Vaishnaw said global media dialogue was anchored in creativity, culture and collaboration. 'As a government, we must provide a fair chance for everyone to showcase their story to the world. We must incentivise local content promotion and enforce IP framework among other things,' Vaishnaw said, addressing the event, which was attended by external affairs minister S Jaishankar, I&B minister of state L Murugan, and representatives from several countries. Prime Minister Narendra Modi on Thursday inaugurated WAVES, a first of its kind summit in India, with the tagline of 'Connecting Creators, Connecting Countries'. Participants from over 90 countries, with more than 10,000 delegates, 1,000 creators, over 300 companies, and over 350 startups expected to attend the event. Emphasising on the role of governments, Vaishnaw said that governments must support policies that preserve and promote all cultural forms as they connect people across borders. 'Focus is shifting towards local stories. We aim to build people-to-people and country-to-country exchanges,' he said. 'Tie-ups with government, industry and creators have, therefore, become indispensable. Practical steps include co-production treaties to ease licenses and talent movement. We need joint funds for new tech, shared standards, and clear rules for ethical AI,' Vaishnaw said.


Hindustan Times
01-05-2025
- Entertainment
- Hindustan Times
Priyanka Chopra thanks PM Modi for supporting WAVES 2025: ‘India's bold step onto the world stage'
Actor Priyanka Chopra is super excited about the WAVES Summit 2025 and feels it will put Indian talent on the global map. She has expressed her gratitude to Prime Minister Narendra Modi for supporting the Indian entertainment industry, calling the summit a "bold step" and a "historic" moment for the nation. Also read: Priyanka Chopra remembers 7 Khoon Maaf co-star Irrfan Khan on his 5th death anniversary: 'Thinking of your talent' On Wednesday, Priyanka took to her Instagram handle to share a message on the summit, stressing the importance of the same. In the video, she said, 'Hello everyone. I wanted to take a moment to talk about something truly historic that's happening right now. For the first time ever, India's hosting the World Audio, Visual and Entertainment Summit (WAVES) in Mumbai from May 1st to the May 4th. Now this isn't just another conference. WAVES is India's bold step onto the world stage, a signal that our creative economy is not just thriving but ready to lead'. In the video, Priyanka touches upon her decision to going global, saying, 'Going global for me always was about showing the world the extraordinary depth of India's talent, creativity and ambition. And today, Waves is doing exactly that thanks to the vision of our esteemed Prime Minister Sri Narendra Modi Ji and the incredible support of the various ministries working to give media, entertainment and the creator economy The true industry recognition that it deserves'. A post shared by Priyanka (@priyankachopra) Priyanka appreciated that the summit would bring together 'over 10,000 delegates, 1000 creators, 300 companies, 350 startups and leaders from over 90 countries' under one roof. 'For the first time, India's diverse industries, from cinema, gaming to tech, are all coming together... As one powerful voice. We are showcasing the best of our heritage, our innovation and our creative spirit to the world. WAVES is a bridge from our timeless storytelling traditions to the future of global entertainment. From craft to commerce, from imagination to enterprise, India's always had the talent and the culture. Now we have the platform.... What we build here won't just impact today. It'll inspire new generations tomorrow. India's moment isn't coming, its already here,' concluded the actor, who is in India to shoot for her next Indian project alongside Mahesh Babu. Several Bollywood stalwarts, leading industry experts, and senior government officials will converge at the World Audio Video Entertainment Summit (WAVES 2025), which is set to begin on May 1 at the Jio World Convention Centre, Bandra Kurla Complex. The four-day event is jointly organised by the central and state governments. It will be inaugurated by Prime Minister Narendra Modi. The summit will feature discussions aimed at shaping the future of the audio-visual industry in India and beyond. The first two days will focus on cinema, filmmaking, and marketing. The first day will open with a high-profile panel discussion titled 'Legends and Legacies: The Stories That Shaped India's Soul', featuring actors such as Amitabh Bachchan, Hema Malini, Mithun Chakraborty, Rajinikanth, Mohanlal, and Chiranjeevi. The session will be moderated by actor Akshay Kumar. Another session is titled 'The New Mainstream: Breaking Borders, Building Legends', a panel with filmmaker SS Rajamouli, actors Anil Kapoor, Alia Bhatt, and Vicky Kaushal, and music maestro AR Rahman, moderated by Karan Johar. Another highlight is a chat between Shah Rukh Khan and Karan Johar, titled 'The Journey: From Outsider to Ruler', which will delve into the actor's career. Other issues on the agenda include regulating broadcasting in the digital age, copyright for audio-visual performers and content creators, the role of artificial intelligence in media, the future of theatrical releases.