WAVES Film Bazaar 2025, organized alongside the 56th International Film Festival of India (IFFI) in Goa, concluded on a high note, reaffirming India’s position as a rising global hub for film production, collaboration and market expansion, organisers said yesterday in an official statement.

This year’s Bazaar edition witnessed exceptional international participation, landmark partnerships, and unmatched opportunities for content creators, distributors and industry professionals, the government statement added.

This year, 2,500+ delegates from 40+ countries participated in the five-day market, marking one of the largest international gatherings at a South Asian film market. A total of 320 projects were showcased across the Viewing Room, Co-Production Market, Screenwriters’ Lab and Market Screenings, representing 15+ countries and demonstrating strong global interest in India’s content ecosystem.

WAVES Film Bazaar 2025 facilitated a dynamic environment for networking, collaborations and deal-making as over 1,200 one-to-one closed-door business meetings were held with 220+ buyers from across the world.

Substantive business discussions and negotiations worth over Rs.1050 crore were reported, according to the statement, reflecting the growing influence of the platform in enabling global partnerships. Over 320 closed-door project discussions were held with a valuation of over Rs. 750 crore.

Projects worth over Rs.200 crore were discussed in open meetings by the delegates, while MoUs worth Rs. 100 crore were signed on the sidelines of the event.

In a landmark development, WAVES Film Bazaar 2025 facilitated the signing of four key memorandums of understanding (MoUs) with media & entertainment sector firms based in Australia, greatly enhancing bilateral cooperation across education, distribution, talent development and festival exchanges.

These MoUs include those between IFFI, NFDC and the Indian Film Festival of Melbourne, and Deakin University, Film and Television Institute of India (FTII, Pune) and Indian Institute of Creative Technologies (IICT Mumbai). PTC Punjabi has partnered with Australian production company Temple to co-present three Punjabi language feature films under the Australia-India co-production treaty. The estimated valuation of the projects are said to be over USD 7 million.

WAVES Film Bazaar 2025 also served as a catalyst for deeper international cooperation, hosting high-level government-to-government (G2G) and commission-to-commission meetings with delegations from Australia, South Africa, Spain, Finland, Russia, UK and New Zealand.

These outcomes underline WAVES Film Bazaar’s emergence as one of South Asia’s most influential film markets, offering unmatched access to Indian and international storytellers, producers, distributors, and investors, the statement stressed.