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Home / IAS Preparation / Orange Economy

Orange Economy: Meaning, Concepts, Prime Facts, Relation - UPSC Notes

Last Updated on May 07, 2025
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The "Orange Economy" or "creative economy" is directly linked to the economic actions derived from culture, creativity and crafts. The Prime Minister emphasised India's growing position in the international creative economy at the WAVES 2025 (World Audio Visual and Entertainment Summit), concentrating on an "orange economy" highlighting culture, creativity and academic property.

This topic is related to the General Studies Paper III, which covers the Indian Economy, including planning, mobilization of resources, growth, development, and employment, etc. Join UPSC Coaching today to boost your preparation.

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Syllabus

General Studies Paper III

Topics for Prelims

Orange Economy or Creative Economy, WAVES 2025, Red Economy, Blue Economy.

Topics for Mains

Indian Economy, including planning, mobilization of resources, growth, development, and employment

Orange Economy Latest News

In 2025, India is seeing a notable wave in its innovative initiatives, collectively known as the Orange Economy. This sector contains film, music, fashion, gaming, and digital content. The recent WAVES 2025 Summit in Mumbai stressed this evolution. Prime Minister Narendra Modi emphasised India's possibility of becoming an international visionary content hub. He mentioned India's OTT media's quick development and global attraction of Indian cinema and music. The conference also highlighted the significance of storytelling, encouraging Indian youth to share their records with the globe. With supportive administration endeavours and prosperous cultural roots, India's Orange Economy is balanced to recreate a key position in the nation's financial and artistic progress.

  • India's Orange Economy is booming in 2025, with quick changes in film, gaming, music, and digital content sectors.
  • The WAVES 2025 Summit in Mumbai showcased India's advancement as an international creative corner, with noteworthy administration support and cultural richness.
  • Prime Minister Modi highlighted storytelling and encouraged the youth to lead India's innovative process on the global stage.
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Concept Behind Orange Economy

The orange or creative economy is directed to the domain of the economy that concentrates on artistic, cultural and innovative actions that yield economic significance. It contains film, music, fashion, publishing, design, crafts, and software sectors. Where thoughts and creativity are the immediate resources. The orange economy is powered by unique skills, inventions, and intellectual belongings, creating jobs, encouraging entrepreneurship, and sustaining inclusive development. This economy connects culture and creativity with economic evolution. Driving it is essential in every day's digital and globalized world. Particularly in nations wealthy in custom like India, the orange economy presents a considerable possibility for endurable improvement and artistic conservation via invention and technology.

Relation Between Orange Economy and WAVES 2025

The World Audio Visual and Entertainment Summit, or WAVES 2025, was held in Mumbai. This particular summit addresses India's financial growth. This summit was one of the main forums for boosting India's orange economy. This WAVE Summit 2025 highlights India's dedication to harnessing its prosperous cultural and innovative support for financial enlargement.

During this summit, Prime Minister Narendra Modi emphasized the significance of the orange economy, highlighting its position in employment design and artistic conservation. He also expressed that this is the dawn of India's Orange Economy, which contains an affluent amount of creativity, content, and culture. These essentials are the core pillars of the blooming orange economy in India.

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Prime Facts about Orange Economy

  • The Orange Economy, also known as the 'creative economy,' is a vision that contains sectors linked to imagination and artistic endeavours. 
  • According to the UN Economic Network, the orange economy is an evolving concept concentrating on the assistance and possibility of resourceful support to push financial development and expansion.
  • This economy combines financial, cultural, and social factors with technology, intellectual belongings, and tourism purposes. 
  • It consists of knowledge-based financial moves with a growth measurement, featuring cross-cutting relations to the overall economy at macro and micro-groups.
  • These are industries founded on personal imagination, talent, and skill, with the possibility to make employment, prosperity, and artistic significance.
  • Enterprises within this economy have advertisement, architecture, arts and crafts, innovation, style, movies, video, music, photography, performing arts, publishing, analysis and growth, computer games, software, TV/radio and electronic publishing.
  • Colombian economists Iván Duque and Felipe Buitrago used "orange" to symbolise creativity and cultural identity.
  • UNESCO highlights the Orange Economy, which accounts for 3% of GDP and 30 million employment globally. 
  • Inspired by concepts, it's comprehended for singular products (not mass production), constant innovation and digitized processes.

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Types of Orange Economy

Types

Primary Sectors

Main Focus

Core Cultural Industries

Heritage, Arts and Crafts

Cultural Expression and preservation

Creative Industries

Design, Architecture, Media and Publishing 

Cultural Products for Commercial purpose

Digital Orange Economy

Applications, Engaging Social Media contents and gaming

Digital and Innovative Approaches

Cultural Tourism

Regional Foods and Cultural Heritage Places

Experimental Economic Exchanges

Knowledge and Education

Archives, Literature and Training

Heritage and Skill-Budding Transfer.

Conclusion

The orange economy, also known as the creative economy, is crucial in shaping India's uniqueness, pushing financial maturation, and building exclusive possibilities. Creativity, culture, and invention convert thoughts into revenue and cultural roots into international assets. Specifically for a culturally prosperous nation like India, the orange Economy sustains rural development, youth employment, and digital entrepreneurship. This sector is placed to donate significantly to India's Gross Domestic Product with state help, growing digital access, and international praise. As the globe progresses toward knowledge-based thrifts, welcoming the orange economy confirms that India's artistic richness and creativity have become practical tools for sustainable improvement and global impact.

Also check the article on Consumer Price Index for UPSC Exam.

Key Takeaways on Orange Economy for UPSC Aspirants!

Concentrate on Creativity: It contains initiatives that depend on unique creativity, skill, and intellectual belongings, like the design, art, media, cultural sectors and media.

Financial Driver: The Orange Economy is a constant benefactor to Gross Domestic Product, occupation, and invention worldwide.

Artistic Originality: It allows the protection and advancement of cultural heritage while promoting outstanding nationwide and provincial uniqueness.

Digital Modification: Technology improves entry and dispersal of innovative outcomes, developing demands and reducing access obstacles.

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Orange Economy UPSC FAQs

This economic measure concentrates on creating and spreading innovative interests, such as music, film, art, and fashion, along with the different actions that help and enable these functions.

The former Colombian culture minister, Felipe Buitrago, co-coined the orange economy with President Iván Duque Márquez.

Creative economy is another name for Orange Economy.

The orange economy consists of economic action that relies on people and associations using their originality to push employment, income, community help, and cultural attention.

Orange Economy donates about 3% to global GDP.
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