Port, Inland Waterways Projects Worth Rs 552 Crore launched to boost Riverine Logistics (See 'Corp Brief') Manjhi inaugurates PM Vishwakarma Haat 2026 in New Delhi (See 'Corp Brief') PMLA - If property is attached for value thereof to proceeds of crime, it happens when proceeds of crime acquired or obtained directly or indirectly is not available in hands of person: SAFEMA (See 'Legal Desk') AIIA celebrates National Startup Day 2026 (See 'Corp Brief') SEBI - Proposed Acquirer shall be exempted from complying with requirements of sub-regulation (1) of regulation 3 and regulation 4 of SAST Regulations, 2011 with respect to direct acquisition in Target Company: SEBI (See 'Legal Desk') CCPA takes action against unauthorized sale of Walkie-Talkies on E-Com Platforms (See 'Corp Brief') IBC - Status of financial creditor is granted to individual allottees u/s 5(8)(f) of IBC, but this status does not extend to society they are members of, as society is distinct juristic entity: SC (See 'Legal Desk') IICA launches registration for Post Graduate Insolvency Programme (See 'Corp Brief') IBC - 'Pre-existing dispute' capable of barring initiation of CIRP u/s 9 IBC must be genuine and supported by substantive evidence, and not moonshine defence raised merely to obstruct CIRP: SC (See 'Legal Desk') Rs 1 Lakh Crore R&D Fund to propel Deep Tech Research: Goyal (See 'Corp Brief') A&C - Mere commercial relationship or marking of emails to principal employer does not establish legal intent to bind third-party sub-vendor to main arbitration agreement: SC (See 'Legal Desk') Govt positions Tribal Healers as Partners in Tribal Health Transformation (See 'Corp Brief') A&C - High Courts cannot effectively act as appellate court, re-appreciate evidence, and substitute its own interpretation in place of arbitral award: SC (See 'Legal Desk') India's Textile & Apparel Exports maintain growth momentum amid global headwinds (See 'Corp Brief') A&C - Arbitral tribunals must first look to contract that defines legal relationship between parties: SC (See 'Legal Desk') Ministry of Coal executes Agreements for 3 Blocks with Damodar Valley Corporation (See 'Corp Brief') IBC - Directors/ promoters cannot be exposed to personal liability through execution, in absence of prior and reasoned determination justifying disregard of corporate personality: SC (See 'Legal Desk') Govt prioritising data-driven, city-specific weather forecasting for public safety: MoS (See 'Corp Brief') Misc - If public authority holds any information in form of data, statistics, abstracts, then applicant can have access to same under RTI Act subject to exemptions u/s 8: IBBI (See 'Legal Desk') GeM marks 7 Years of Women-led MSE Participation in Public Procurement (See 'Corp Brief') FEMA - Amount of penalty which is to be imposed by Adjudicating Authority is matter of discretion which is necessarily required to be exercised judiciously: SAFEMA (See 'Legal Desk') CAQM conducts inspection of road stretches maintained by Municipal Corporation of Faridabad (See 'Corp Brief') NFRA-IndiaAI launch Financial Reporting Compliance Challenge (See 'Corp Brief') Minister chairs Regional Conference of Labour & Industry Secretaries of States (See 'Corp Brief') PMLA - Precondition for being proceeds of crime is that property has been derived or obtained, directly or indirectly, by any person as result of criminal activity relating to scheduled offence: SAFEMA (See 'Legal Desk') Joshi concludes Abu Dhabi Visit with focus on Clean Energy Investment (See 'Corp Brief') India among top 3 startup nations with substantial number of women-led ventures: MoS (See 'Corp Brief') PMLA - Company cannot escape from liability on account of its ex-directors: SAFEMA (See 'Legal Desk') DFS Secy reviews performance of Public Sector Insurance Companies (See 'Corp Brief') Patent Agent Examination 2026 held with 5,500 Candidates (See 'Corp Brief') CCI permits Chrys Capital to pick up equity in Nash Industries (See 'Corp Brief') Arbitration and Conciliation Act - as per Sections 38 & 39 of CPC, a decree can be executed by court with competent jurisdiction, including court where respondent's assets are located: HC (See 'Legal Desk') PFRDA undertakes NPS Outreach for MSMEs at Vibrant Gujarat (See 'Corp Brief') TRAI assesses Network Quality Across Nasik and Surrounding Area (See 'Corp Brief') YUVA AI: A step towards democratising access to AI Knowledge (See 'Corp Brief') SEBI - Direct acquisition of shares in Vodafone Idea by Government, arising from conversion of interest on deferred spectrum auction and AGR dues into equity, should be exempted from mandatory open offer requirements: SEBI (See 'Legal Desk') 'Jo Vaada Kiya, Wo Nibhana Padega' - Promissory Estoppel Reaffirmed: Supreme Court Reiterates the Rules of State Accountability (See CORP EINSICHT) Strategic Alliance between ICAR and NDDB to strengthen Innovation (See 'Corp Brief') BHASHINI Samudaye: Strengthening India's Language AI Ecosystem (See 'Corp Brief') Industrial Units are entitled to disbursal of capital investment subsidy & DG Set subsidy, and State Functionary is precluded from refusing to disburse same: SC (See 'Legal Desk') Minister reviews steps to romote manufacturing of Rare Earth Permanent Magnets (See 'Corp Brief') IIT Delhi hosts Seminar on advancing Quality Assessment of Medicinal Plants (See 'Corp Brief') IPR - Importance of doctrine of 'initial interest confusion' in pharmaceutical trade, affirming that even fleeting moment of confusion at initial stage is sufficient for infringement: HC (See 'Legal Desk') Pradhan interacts with PM-YUVA 3.0 authors at World Book Fair 2026 (See 'Corp Brief') Companies Law - Sec 433 of Companies Act, 2013 , which empowers NCLT/NCLAT to apply Limitation Act, 1963, cannot be given retrospective effect to empower CLB: SC (See 'Legal Desk') Chouhan addresses Young Leaders at Viksit Bharat Dialogue 2026 (See 'Corp Brief')

Print

Indian media & entertainment sector to maintain growth despite AI disruption: Secy

Published: Dec 02, 2025

By TIOLCorplaws News Service

MUMBAI, DEC 02, 2025: MEDIA & Entertainment (M&E) sector is poised for tremendous growth even as it faces significant disruption with the advent of Artificial Intelligence (AI), observed Sanjay Jaju, Secretary, Union Ministry of Information and Broadcasting (I&B), in Mumbai today. Jaju was delivering the inaugural address at 12th CII Big Picture Summit, on the theme 'The AI Era - Bridging Creativity and Commerce'. The Secretary also released CII's White Paper on 'Priority Policy Reforms for a Globally Competitive Creative Economy of India', on the occasion.

Jaju called on the industry to view the WAVES Summit not as a standalone event, but as part of an ongoing movement-one that continually inspires new waves of creativity, innovation, and progress.  "The WAVES Summit is much more than an event; it is a movement. Our Prime Minister has consistently reminded us that each wave in this journey builds upon the last, urging us to reflect on where we stand as an industry and how we can move forward together," Mr. Jaju remarked.

The Secretary underscored that entertainment, alongside food, shelter, and clothing, remains a fundamental pillar of civilization, integral not only to economic growth, but also to societal harmony and happiness.  "The true value of our sector goes beyond numbers: it connects people, fosters harmony, and links nations together," Jaju emphasized.

India's creative economy, he noted, is now a direct or indirect livelihood source for over 10 million people, contributing approximately Rs 3 lakh crore to the national GDP. Jaju highlighted India's rich storytelling heritage, from oral traditions (Shruti) to written (Kriti) and visual forms, forming three verticals, as showcased in the Bharat Pavilion at the WAVES Summit, and now in National Museum of Indian Cinema.  "Despite this legacy, India holds only 2% of the global M&E market. Our challenge is to transform our creative potential into products and stories that earn global recognition," he said.

Jaju challenged the industry to turn passion into commerce, especially as AI rapidly reshapes content creation and consumption. Commercial gains is ultimately what is going to provide buoyancy to the sector, said the I & B Secretary.  "AI is transforming entertainment. If we do not embrace new technologies, our global share will nk", he stated. He stated that the dawn of India's orange economy is also the dawn of ideas and imagination. He added that the country must have the ability to convert cultural strengths into creative abilities. "Stories immersed with technology are what sell in these times", he added.

Jaju urged, "As a rising economic power, India's stories must reach all parts of the world. This is the essence of our soft power."

Emphasizing the government's role as a facilitator, Jaju clarified that the Government will provide an enabling environment, level playing fields and fiscal incentives. It is industry that has to take the M&E sector forward, he added.  The Government is committed to address skill gaps, for which the Union Cabinet approved establishment of the Indian Institute of Creative Technologies (IICT) in Mumbai. It is as an example of successful government-industry collaboration, with its industry-led model already earning accolades for excellence and innovation, he added. The IICT campus in Film City, Goregaon, will be completed in two years, while the NFDC campus is already functional, he informed. I & B Secretary Jaju also stated that WAVES Bazaar has provided a platform to creators to find the right investors and buyers.

Gaurav Banerjee, Chair, CII National Council on Media & Entertainment and MD & CEO, Sony Pictures Networks India; Rajan Navani, Co-Chair, CII National Council on Media & Entertainment and MD & CEO, Jetsynthesys; Gunjan Soni, Co-Chair, CII National Council on Media & Entertainment and Country MD, YouTube India, were present amongst the dignitaries.

The White Paper unveiled on the occasion, offers a comprehensive roadmap of policy actions crucial for the M&E sector's future.  It outlines actionable recommendations to drive growth, foster innovation, and position India as a leader in the global creative economy.

CII M&E Investors' Meet and CII WAVES Bazaar were also inaugurated on the occasion.

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.