India launches $1 billion fund for content creators

India's government has announced a $1 billion fund to support the growing creator economy, which has gained momentum due to increased internet access. This fund will be structured as a public-private partnership, with more details to follow. Additionally, the government has allocated Rs 391 crore to establish the Indian Institute of Creative Technology in Mumbai. This institute aims to enhance skills in creative and digital technologies, further supporting content creators. The WAVES 2025 summit, scheduled for May, will provide a platform for creators to showcase their work and connect with global markets. The event is expected to attract participants from around 100 countries and will include a creator challenge program.