India must create globally competitive media companies, not just serve as content market: I&B Secretary

New Delhi, Oct 15 (UNI) India must move beyond being a large global market for media and entertainment content to building globally competitive companies driven by original intellectual property, sustainable business models and international expansion, Information and Broadcasting Secretary Chanchal Kumar said on Thursday. Addressing the inaugural session of the two-day CII Big Picture Summit 2026 in Mumbai, Kumar said India must leverage its rich storytelling traditions, cultural diversity and creative talent to generate long-term economic and cultural value and emerge as a global hub for creative content, technology and talent. The summit, themed "The New Economics of Media and…