Prime Minister Narendra Modi spoke at the WAVES Summit in Mumbai, emphasizing the power of storytelling. He highlighted how the summit aims to connect creative minds globally. Modi noted that stories can create a deep connection with India, reflecting its rich cultural heritage.
He paid tribute to ancient figures like Bharat Muni, who penned the Natya Shastra around 2000 years ago. Modi remarked that this work has fostered a community that thrives on thoughts and emotions. He also referenced Kalidasa’s Abhijnanasakuntalam, emphasizing its significant influence on Indian drama.
India is a land filled with stories, Modi explained. He expressed that every village has its unique folk tales, passed down through generations. “Every street has a story. Every mountain sings its song,” he stated. He further explored the spiritual aspect of storytelling, stating that even deities express themselves through music and dance.
The Prime Minister noted the global reach of Indian cinema, revealing that films from India are now showcased in over 100 countries. Many international viewers are not just watching these films but actively trying to understand them. He added that the OTT (over-the-top) industry has seen tremendous growth, asserting that while screen sizes may be getting smaller, the opportunities are limitless.
This summit brought together prominent figures from the film industry, including Shah Rukh Khan, Akshay Kumar, and Rajinikanth, showcasing the intersection of creativity and culture.
Insights
According to a recent report by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Indian OTT market is expected to reach INR 25,000 crore by 2025, showing the immense interest and investment in digital content. The growth of this sector signifies changing consumption habits, especially among younger audiences.
Social media reactions have also been vibrant, with users sharing their favorite Indian stories and celebrating regional storytelling traditions. Hashtags like #IndianStories and #WAVESSummit trended, reflecting a renewed interest in cultural narratives.
In summary, the WAVES Summit stands as a testament to India’s vibrant storytelling traditions, linking the past with the present while paving the way for future creative endeavors. For more insights on the Indian entertainment industry, you can refer to the FICCI report.
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