Creative Economy is Emerging as India’s Next Growth Frontier, Offering New Opportunities for Young Indians: Dr. L. Murugan

Dr. L. Murugan, Minister of State for Information and Broadcasting, delivered the inaugural address at the Jindal Policy Conclave, stating that India's creative economy is emerging as a growth frontier. He noted that the creative economy contributes 3.1 percent to global GDP and 6.2 percent to global employment, with approximately 57 million Indians engaged in cultural and creative occupations, while India's media and entertainment economy stands at ₹2.5 trillion. He highlighted that the AVGC sector is expected to require nearly 2 million skilled professionals by 2030. To equip youth with future-ready skills, the government supports the Indian Institute of Creative Technologies and AVGC Creator Labs across 15,000 schools and 500 colleges. He also emphasized the need for legal and policy frameworks including copyright protection, fair compensation, and responsible AI use.