3 weeks ago
BRICS WAVES Bazaar 2026 concludes in Mumbai with co-production deals
The BRICS WAVES Bazaar was a big meeting in Mumbai, India, for people who make movies, TV shows, cartoons and video games.
It lasted two days and ended on a Friday.
Around 900 people from 20 countries came to talk and work together.
They held more than 275 business meetings so people from different countries could become partners.
India and Brazil agreed to work more closely on movies, and Brazil will join next year's WAVES event too.
India also announced it is working with Russia's big film archive.
New movies were announced, including one made by India and Portugal and one made by India and Russia.
A new group called the BRICS Independent Producers Alliance was started to help producers across BRICS stay connected.
Countries also talked about a new Global South Film Festival for 2027.
The big idea was for countries to make creative things together and become better friends through art.
The two-day BRICS WAVES Bazaar 2026, hosted by India's Ministry of Information and Broadcasting through the National Film Development Corporation (NFDC), concluded on Friday in Mumbai with representatives from 20 BRICS member and partner countries.
More than 900 industry delegates attended, and over 275 curated business-to-business meetings were facilitated across producers, studios, broadcasters, film commissions, AVGC-XR companies, investors, technology firms and government representatives.
NFDC exchanged a Letter of Intent with Brazil's RioFilme to strengthen audiovisual cooperation and facilitate Brazilian participation at WAVES 2027; NFDC and the National Film Archive of India (NFAI) also announced ongoing archival collaboration with Russia's Gosfilmofond.
New projects unveiled included the India–Portugal feature film Portuguese Man 'O War and the India–Russia co-production KOROVA.
Other announcements included the proposed Global South Film Festival 2027, the launch of the BRICS Independent Producers Alliance (BIPA), an India–Vietnam Record of Meeting on film cooperation, and Calivision AI Studio, a new AI-first content production studio in India.
- Who
- India's Ministry of Information and Broadcasting and the National Film Development Corporation (NFDC), led by Managing Director Prakash Magdum, together with more than 900 industry delegates from 20 BRICS member and partner countries.
- What
- The two-day BRICS WAVES Bazaar 2026, a creative industries marketplace, concluded with international partnerships, co-production announcements and institutional collaborations.
- Where
- Mumbai, India.
- When
- The event concluded on Friday evening in 2026.
- Why
- To deepen creative economy cooperation among BRICS nations and partner countries and position creative industries as a pillar of cultural diplomacy and economic growth.
Key facts
- Event
- BRICS WAVES Bazaar 2026
- Host
- Ministry of Information and Broadcasting through the National Film Development Corporation (NFDC)
- Location
- Mumbai, India
- Duration
- Two days, concluding on a Friday
- Participants
- 20 BRICS member and partner countries; over 900 industry delegates
- Business meetings
- Over 275 curated business-to-business meetings
- Institutional deals
- LoI with Brazil's RioFilme (WAVES 2027); Gosfilmofond archival collaboration; India–Vietnam Record of Meeting; IICT–Graphiti MoU; Assam AVGC-XR MoUs; MEAI–ICA MoU
- Creative projects unveiled
- Portuguese Man 'O War; KOROVA; Global South Film Festival 2027; BIPA; Calivision AI Studio; KLIP; ETV anime series; TRIO; Tomáš Baťa epic; The South Global News initiative
Quotes
Prakash Magdum
NFDC Managing Director
“"BRICS WAVES Bazaar has showcased the immense potential of creative collaboration among BRICS nations and partner countries. The partnerships and conversations initiated here mark the beginning of stronger co‑productions, business collaborations and creative exchange. Through WAVES, India remains committed to building lasting bridges that strengthen the global creative economy."”
thestatesman.com
freepressjournal.in
Sources
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