Prime Minister Narendra Modi on Friday held out assurances at a separate meeting with a group of media magnates.
The roundtable with media honchos included top executives from News Corp, 21st Century Fox, Star TV, Sony, Discovery, Time Warner, A&E and VICE Media — all of whom represented 40 per cent of the global media industry.
Describing India as the “biggest market”, they called for speedier digitisation of the Indian system, including early expansion of the 4G network.
Media baron Rupert Murdoch, who heads News Corp. and 21st Century Fox, was so pleased with the interaction that he promptly tweeted, “Great hour with Indian PM Modi.” Not just that, he went on to remark, “Best leader with best policies since Independence, but massive task to achieve in most complex nation.”
During the meeting wherein the focus was on the role that the media and entertainment industry can play in development and generation of employment opportunities in the country, CEOs of the top media houses appreciated Modi for “energetic and dynamic leadership” and expressed optimism about the future of India, a statement said. The CEOs — representing 40 per cent of the world’s entertainment industry — were enthusiastic about the digital transformation that is taking place in India through the ‘Digital India’ initiative.
They said that the current strong trajectory of the Indian economy makes it at a unique moment to accelerate growth in this sector.
“All of them said India is the biggest market for them in terms of the phenomenal growth of the entertainment channels, in terms of the youth in India wanting more such content. They asked for speedier digitisation of the Indian systems,” External Affairs Minister spokesperson Vikas Swarup told reporters.
“The Prime Minister and CEOs observed that the changes intechnology and media in recent times have led to an enormous democratisation of knowledge.
He said that the world is now in a technology- driven era, where growth of digital infrastructure is as important as growth of physical infrastructure,” Swarup added.
Suggesting to the CEOs that India represents both the biggest opportunity and the biggest challenge for them, Modi asked them to keep regional languages in mind, as they develop their content and firm up investment plans for India.
Modi spoke of his Government’s vision for Digital India, the plan to connect 6,00,000 villages through broadband connectivity. He asked the CEOs to visualise the citizen of the 21st century, and think about what values they will represent and what challenges they will face.
Speaking about the role that digital technology can play in human resource development, the Prime Minister emphasised that he saw a key role for digital technology in further strengthening democracy, and in India’s development narrative.
Modi also gave a number of suggestions in terms of how media and communications companies can be part of India’s development story. One of the idea he floated was that of setting up of a communications university in India, Swarup said.
Another aspect that came out during the round table that digital technologies and mobile platforms provided opportunity for democratisation of access to media for inclusion and empowerment and therefore building of more infrastructures would be a critical element of the both process in the coming years, said the Indian Ambassador to the US, Arun K Singh.
There was discussion how media could be a partner in India’s developmental agenda. For example in the tourism sector spreading more effectively messages related to tourism and historical sites and also training of people to act as effective partners in the process of hospitality and tourism, the Ambassador said.
Responding to a question, Swarup said there was no mention of increasing the current 26 per cent cap on foreign direct investment (FDI) in the media sector.