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Nifty Waves Index Launched at WAVES 2025: NSE CEO Highlights Vision for India's Creative Economy
The National Stock Exchange (NSE) unveiled the Nifty Waves Index at the prestigious WAVES 2025 conference, marking a major step in recognizing and monetizing India’s growing creative economy. NSE CEO Ashishkumar Chauhan emphasized that this new index will offer deep insights into creative-sector trends, investments, and economic impact.
This is the first index in India focused on tracking companies involved in the creative, cultural, and digital innovation sectors—such as entertainment, media, design, gaming, AR/VR, and more.
What is the Nifty Waves Index?
The Nifty Waves Index is designed to track the performance of publicly listed companies in India’s creative and cultural economy. This includes:
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Film & Media
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Digital Content Platforms
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Gaming & Esports
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Advertising & Design
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Fashion & Lifestyle Brands
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Animation & VFX
The aim is to bring greater investor visibility and structured capital flows into sectors that are typically underrepresented in traditional indices.
Why It Matters: Ashishkumar Chauhan’s Vision
Speaking at WAVES 2025, Chauhan highlighted the urgent need to formalize the creative economy’s role in India’s GDP. He stated:
“The Nifty Waves Index provides deep insights into India’s cultural and creative potential. It’s not just an index—it’s a roadmap to unlocking billions in economic value.”
He also stressed the potential for job creation, digital entrepreneurship, and export-driven creative content as key benefits of formalizing this sector through an index.
How It Will Benefit India’s Creative Economy
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Access to Capital: Creative businesses will attract more investment through index-based mutual funds and ETFs.
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Policy Visibility: Helps government and policymakers track the sector’s growth more effectively.
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Investor Confidence: Signals that creative industries are valuable and measurable economic drivers.
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Data Transparency: Offers real-time benchmarking for sector-specific analysis.
Industry Reactions
The announcement received praise from:
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Startups in content creation and gaming
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Investors focused on new-age economy sectors
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Policy experts looking to track GDP contributions beyond manufacturing and IT
FAQs: Nifty Waves Index and WAVES 2025
1. What is the Nifty Waves Index?
It is a new NSE index that tracks the performance of Indian companies operating in the creative and cultural sectors like media, gaming, design, and fashion.
2. Why was it launched at WAVES 2025?
WAVES 2025 is a flagship conference that focuses on innovation and the digital future of India. The index's launch aligns with themes of culture, creativity, and new-age economics.
3. How will this index help investors?
It offers a benchmark for investing in creative sector companies, improving visibility and helping fund managers structure thematic funds.
4. What makes the Nifty Waves Index unique?
It’s the first index in India to capture the creative economy—a $100+ billion opportunity—by tracking companies contributing to art, culture, content, and experience-led business models.
5. Which sectors are included in the index?
Media & entertainment, digital platforms, advertising, gaming, design, and lifestyle brands are among the sectors included.
Conclusion
The Nifty Waves Index is more than just a financial tool—it’s a symbol of India’s cultural evolution and a bold bet on its creative capabilities. With the backing of the NSE and strategic vision laid out at WAVES 2025, India is set to become a global powerhouse in monetizing creativity and culture.
Published on May-05-25 By : Abhishek Rana