M. Venkaiah Naidu, minister for information and broadcasting has asserted that appropriate platforms such as the Indo-US Economic Summit would help evolve innovative ideas and strategies to address many challenges that the nation was facing. Major flagship schemes of the government like Make in India, Skill India, Digital India, and Swachh Bharat were touching right chords amongst all stakeholders to make these schemes successful. The minister stated this while addressing the delegates at the 12th Indo-US Economic Summit in New Delhi.
Speaking further, Naidu added that India offers the world's largest base of young workforce, an expanding middle class constituting one of the biggest consumer markets, and a robust, well-functioning democratic system, along with its pro-reforms government, which is scripting a turnaround story in India's development journey. Speaking about the robust M&E industry in India, Naidu explained that with growing number of Internet subscribers, Indian M&E industry provided huge opportunities for content creators, curators, advertisers, app developers, and online streaming companies. He further added that the regional markets provided huge potential for growth of M&E industry in the country with content consumption by consumers getting more and more localized.