India's media & entertainment industry to reach $100 bn within next decade: Ambani

India’s versatile media and entertainment industry can grow more than three-fold to USD 100 billion in the next decade, creating millions of jobs and a ripple effect across sectors, billionaire Mukesh Ambani said on Thursday.

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Ambani, whose group controls Network18 - one of India's largest media conglomerates - as well as digital platforms, entertainment channels and content streaming platforms, said the fusion of storytelling and digital technologies has created a strategic and economic opportunity.

“India's media and entertainment industry is today valued at USD 28 billion. It can grow to over USD 100 billion in the next decade. This growth will drive entrepreneurship, generate millions of jobs, and create a ripple effect across sectors," he said while speaking at the inaugural session of the WAVES 2025 conference here.

Stating that India has become a front-ranking digital nation, he said the fusion of storytelling and digital technologies is unique to India.