India Must Move from Being a Global Content Market to a Creator of Globally Competitive Media and Entertainment Companies: Secretary, I&B, at CII Big Picture Summit 2026

At the CII Big Picture Summit 2026, Ministry of Information & Broadcasting Secretary Shri Chanchal Kumar stated that India must transition from a global content market to a creator of globally competitive media and entertainment companies by focusing on original intellectual property, sustainable business models, and global expansion. Aligning with the Prime Minister's 'Create In India, Create For The World' vision, he highlighted government initiatives such as WAVES, WAVES Bazaar, the Indian Institute of Creative Technologies (IICT), and India Cine Hub, alongside the need for an anti-piracy framework. The summit featured the release of a CII White Paper outlining a roadmap for the sector to reach $100 billion by the early 2030s.