Key Points

Maharashtra CM Devendra Fadnavis praised WAVES 2025 for unlocking massive job and investment potential in Mumbai. The event has already secured Rs 8,000 crore in investments, including a new Rs 2,000 crore Film City project. Partnerships with top global universities will transform Maharashtra into an education hub. Over 10,000 international delegates are attending, marking a historic milestone for India's entertainment and education sectors.

Key Points: Fadnavis Says WAVES 2025 Brings Jobs and Investment to Maharashtra

  • WAVES 2025 to boost Mumbai's global entertainment hub status
  • Rs 2,000 crore Film City to create thousands of jobs
  • MoUs with foreign universities to enhance education
  • Over 10,000 delegates from 90+ countries attending
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WAVES is filled with development, employment opportunities: Maharashtra CM Devendra Fadnavis

Maharashtra CM Devendra Fadnavis highlights WAVES 2025 as a game-changer for employment and global investment in Mumbai's entertainment and education sectors.

"This event is filled with development, employment opportunities, and a new vision rich with investment potential - Devendra Fadnavis"

Mumbai, May 2

Maharashtra Chief Minister Devendra Fadnavis said that World Audio Visual and Entertainment Summit (WAVES) is filled with development and employment opportunities.

"This event is filled with development, employment opportunities, and a new vision rich with investment potential," Fadnavis told reporters on Friday.

He thanked the central government for choosing Mumbai as the host of the first-ever WAVES 2025.

"I am extremely delighted that WAVES is being held in Mumbai. We are grateful to the Central government for giving Mumbai the opportunity to host this significant event," CM Fadnavis said.

Emphasising the state government's efforts to make the state an education hub, the Maharashtra CM said that his government has signed MoUs with two major universities, which will open new dimensions in the fields of education and skill development.

"After the inauguration by the Prime Minister yesterday, delegates and experts from around the world said that this is the first time they have witnessed an event at such a scale, executed with such meticulous planning and foresight. As part of this platform, we have signed an important MoU today. It is a major success in the direction of building a strong and sustainable investment ecosystem, the first one was the launch of WAVES INDEX that will serve as a profit base for ecosystem of investment...," he said.

"We have signed MoUs with two leading universities - University Western Australia and University of York. which will open new dimensions in the fields of education and skill development. Under the New Education Policy, new doors of opportunities have opened for us, which will guide the future of our youth," CM Fadnavis asserted.

"Until now, students often had to go abroad for higher education, but the situation is now changing. We have developed an Edu-City, where 10 to 12 foreign universities will partner to provide world-class education right here in India. At present, we have signed agreements with two foreign universities, and discussions are ongoing with five others," he further added.

CM Fadnavis stated that Maharashtra is now rapidly moving forward to take a leading role in the field of education as well.

He further mentioned the new Film City is being developed in Mumbai with an investment of Rs 2,000 crore.

"Godrej is also developing a modern Film City in Mumbai, with an investment of around Rs 2,000 crore, which will create thousands of employment opportunities. Today, a total investment of Rs 8,000 crore has been made, and several important MoUs have been signed -- but the value of this investment should not be seen merely in numbers, but rather in its multiplier effect, which will benefit the entire state in the coming years," CM Fadnavis added.

WAVES 2025 witnesses participation from over 90 countries, with more than 10,000 delegates, 1,000 creators, 300+ companies, and 350+ startups.

- ANI

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Reader Comments

R
Rajesh K.
This is fantastic news for Maharashtra's youth! 👏 The Edu-City concept with foreign universities will save students from spending lakhs abroad. Hope they maintain quality standards though - we don't want just degree shops.
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Priya M.
As someone working in media, the new Film City is exciting but ₹2000 crore seems excessive when basic infrastructure in Mumbai needs improvement. Couldn't this money be better spent on public transport and housing first?
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Amit S.
Maharashtra is truly becoming the education and entertainment capital of India! WAVES will put us on global map. Just hope the benefits reach beyond Mumbai to smaller cities too. Nashik, Nagpur, Aurangabad also need such opportunities.
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Sunita R.
Good initiative but implementation is key. Remember the Mumbai-Delhi industrial corridor promises? Hope this doesn't remain just on paper. Also, will these foreign universities be affordable for middle class students?
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Vikram J.
The multiplier effect mentioned is crucial! Every rupee invested in AV sector creates 5x jobs in hospitality, transport, food services etc. Smart move by Maharashtra govt to focus on sunrise sectors rather than traditional industries.
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Neha P.
As an animation student, WAVES gives me hope! 🤩 Finally India recognizing creative industries' potential. But please ensure proper training programs are in place - we need skill development, not just fancy events.

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