Vinod Bhat
Union Minister of State for Information & Broadcasting and Parliamentary Affairs, Dr. L Murugan released five significant Reports that collectively present a comprehensive overview of India’s dynamic and rapidly evolving media and entertainment ecosystem, at the ongoing WAVE Summit in Mumbai, yesterday.
Prepared by reputed national and international Agencies, these Reports provide valuable insights into the creator economy, content production, legal frameworks, live events industry, and data-backed policy support.
platforms, the handbook covers a range of key legal issues such as:
Compliance norms for both domestic and foreign entities
Incentive schemes for international productions
Legal frameworks around influencer marketing and digital content
Definitions and taxation implications in the gaming sector, including GST
Protection of celebrity rights
Ethical considerations and regulatory treatment of AI-generated content
This handbook is intended to equip stakeholders with tools for confident, compliant, and responsible engagement in the creative economy.
Whitepaper on India’s Live Events Industry
The White Paper on India’s Live Events Industry underscores the sector’s robust growth and shifting consumer dynamics. With a 15% year-on-year growth rate, the industry added ₹13 billion in revenue in 2024 alone.
The report notes that nearly half a million fans are now travelling between cities to attend events, reinforcing the emergence of event-based tourism in India. There is a rising demand for premium and curated experiences, and Tier-2 cities such as Shillong, Vadodara, and Jamshedpur are emerging as cultural centres.
To support and scale this momentum, the whitepaper highlights the need for:
Upgraded event infrastructure
Streamlined and simplified licensing processes
Stronger and more transparent music rights frameworks
Formal recognition of the live events sector under MSME and creative economy policies.
The Report calls for a strategic reimagining of India as not just a spectator in the global cultural arena, but a key stage in the international spotlight.
The launch event was attended by Shri Sanjay Jaju, Secretary, Ministry of Information and Broadcasting; Shri R.K. Jena, Senior Economic Advisor, MIB; Smt. Meenu Batra, Joint Secretary, MIB; and Shri Prithul Kumar, Joint Secretary, MIB and MD, NFDC. Representing the Knowledge Partners, Shri Vipin Gupta, Managing Director & Partner, Boston Consulting Group, Ms. Payal Mehta, Partner, Boston Consulting Group; Shri Ashish Pherwani, Partner, Ernst & Young; Shri Amiya Swarup, Partner, Ernst & Young; Ms.Tanu Banerjee, Partner, Technology and Media, Khaitan & Co; Shri Ishan Johri Partner Khaitan & Co; Shri Vinod Janardhan, Director, EVENTSFAQ Live; Shri Deepak Chaudhury MD, EVENTS FAQ also attended the event in Mumbai
