Indian M&E industry to grow over three-fold in a decade: Mukesh Ambani

The country’s media and entertainment sector can grow over three-fold to touch $100 billion in a decade from $28 billion now, Reliance Industries chairman Mukesh Ambani said on Thursday while delivering his key-note address at the Waves Summit 2025.

Ambani, whose group controls media conglomerate Network18 and oversaw the merger of Star India and Viacom18 in 2024, to create JioStar, valued at $8.5 billion, said the fusion of storytelling and digital technologies had created a strategic and economic opportunity for the sector.