2 May 2025
Launched by the National Stock Exchange (NSE), the WAVES Index will track the performance of the creative economy.
The World Audio Visual and Entertainment Summit (WAVES) Summit 2025 aimed at establishing India as the global epicentre for the creative streams.
The new WAVES Index launched during the Summit includes 43 listed companies from the creative sector, including Zee Media, Hathway Cable, PVR Inox, Saregama, Network18, and TV Today. It has been set with a base value of 1000 beginning from April 1st, 2005.
The new index will organise performance tracking of India’s creative industries. India’s creator economy employs 8% of the workforce and contributes $30 billion to the GDP.
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Maharashtra CM Devendra Fadnavis announced MoUs worth ₹8,000 crore for the sector development aimed at positioning Maharashtra as a global hub in the storytelling domain.
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Godrej is developing a ₹2,000 crore studio in Panvel to attract global post-production work. The government also established the Indian Institute of Creative Technology in Mumbai to train professionals in creative fields.
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