A two-day interactive workshop on adoption of Industry 4.0 & Quality Assurance (QA) 4.0 for Defence Production was conducted by Ministry of Defence (MoD) & Department of Defence Production (DDP) on April 24 & 25, 2025 at HQ Directorate General of Quality Assurance (DGQA). The workshop was aimed at brainstorming the nuances for implementation of automation in different Defence Public Sector Undertaking (DPSUs) and learning from each other’s experience.
The workshop was inaugurated by Joint Secretary (Land Systems) MoD/ DDP, Dr Garima Bhagat. Dr Bhagat highlighted that MoD is committed to working with DPSUs and the Industry to use niche technologies like loT, Big data Analytics, Al & Block Chain etc. for Adoption of Industry 4.0 and QA 4.0 towards producing World Class Defence Products. During the interactive workshop, Director General, DGQA Shri N Manoharan, informed that a National Level Defence Quality Conclave is scheduled on May 08, 2025 wherein the vision document of Adoption of Industry 4.0 & QA 4.0 will be released and an expert panel discussion on the subject will be held.
The workshop was conducted under the ‘Year of Reforms’ initiative as per the directions of Raksha Mantri Shri Rajnath Singh and Secretary (Defence Production) Shri Sanjeev Kumar.
WAVES Animation Film-makers’ Challenge brings to the fore 42 amazing animation films Animation Films: 18 short films, 12 feature films, 9 TV series and 3 AR/VR projects make it to WAVE Summit
Posted On: 28 APR 2025 2:41PM by PIB Mumbai
Mumbai, 28 April 2025
The 42 finalists of the Animation Film Makers Competition (AFC), held as part of the ‘Create in India Challenge Season-1’ of World Audio-Visual and Entertainment Summit 2025, were declared in the second week of April. Dancing Atoms Studios, which collaborated with the Union Ministry of Information & Broadcasting, in organizing the national level challenge since its inception, has brought out a comprehensive creative catalogue on the best 42 projects to be showcased in the WAVE Summit to be held in Mumbai from May 1-4, 2025. This unique initiative aims to connect talented creators with like-minded individuals, producers, and distributors, fostering collaborations between creators and the industry that transcend geographical boundaries.
These best 42 projects that came up from after a rigorous nine-month evaluation process of the competition, have shown a focus on original storytelling across the entire spectrum of animation, encompassing traditional animation, VFX, Augmented Reality (AR)/Virtual Reality (VR), and virtual production. The creative catalogue features a diverse range of innovative projects, including – 12 feature films, 18 short films, TV Series: 9 TV/Limited Series and 3 AR/VR experiences. All 42 shortlisted film projects will be showcased to industry stakeholders through this unique initiative.
The shortlisted 18 short animation film creators and their projects are as follows:
1) Shreya Sachdev – Vani
2) Shrikant S Menon – Odiyan
3) Prasanth Kumar Nagadasi – Best Friends
4) Shweta Subhash Marathe – MELTING SHAME
5) Anika Rajesh – Achappam
6) Martand Anand Ugalmugle – Chandomama
7) Kiruthika Ramasubramanian – A Dream’s Dream
8) Harish Narayan Iyer – KARABI
9) Triparna Maiti – The Chair
10) Arundhati Sarkar – So close yet so far,
11) Gadam Jagadish Prasad Yadav – Symphony of Darkness
12) Vetrivel – The Last Treasure
13) Gargi Gawthe – Godva
14) Shreeyaa Vinayak Pore – Kali (Bud)
15) Harshita Das – Luna
16) Sandhra Mary – MISSING
17) Richa Bhutani – Climatescape
18) Hirak Jyoti Nath – Tales From The Tea House
The 12 finalists of animation feature films creators and their projects are:
1) Catharina Dian Wiraswati S – Fly!
2) Shubham Tomar – Mahzun
3) Srikanth bhogi – Rudhra
4) Anirban Majumder- BABAR AUR BANNO – A friendship saga
5) Nandan Balakrishnan – The Dream Balloon
6) Jacqueline C Ching – Lykke and the Trolls
7) Rohit Sankhla – Dwarka The Lost City of Shree Krishna
8) Bhagat Singh Saini – RED WOMAN
9) Abhijeet Saxena – Arise, Awake
10) Vamsi Bandaru – Ayurveda Chronicles – Search for the Lost Light
11) Piyush Kumar – Wrong programming..the unleashed wars of ai.
The 3 AR/VR experience creators and their projects are:
1) Sundar Mahalingam – Ashvamedha – The Unsealed Fate
2) Anuj kumar Choudhary – Liminalism
3) Isha Chandna – Toxic Effect Of Substance Abuse On Human Body.
For the first time, bringing all 42 projects together in one creative catalogue is a testament to the sheer talent we have discovered, stated Saraswathi Buyyala, Founder and CEO of Dancing Atims Studios. The Waves Advisory Board, comprising industry veterans and influential figures in media and entertainment, will play a crucial role in evaluating the potential of these projects and guiding them towards production and distribution, she added. Ms. Buyyala also informed, the global revenue generated by these dynamic verticals underscores the immense potential within the animation industry. In 2024, the global animation market witnessed substantial growth. Short Films contributed an estimated $20 billion in revenue through various platforms including online streaming, festivals, while educational content is projected to reach $70 billion USD by 2032. Feature Films, which represents the largest segment, generated approximately $30 billion USD to $32.3 billion USD at the global box office and through ancillary markets. Animation TV Series experienced a boom driven by streaming services, accounting for around $512 billion USD in production and licensing revenue. AR/VR and immersive entertainment market, including AR/VR animation is a burgeoning sector. It reached an estimated USD 22.12 billion and USD 79.36 billion, with significant growth projections. AR/VR technologies are transforming sectors including gaming, healthcare, retail, education, and manufacturing, fueled by demand for immersive experiences and substantial investment. While North America holds a significant share, the Asia Pacific region is anticipated for the fastest growth, she added.
For more details on the WAVES 2025 Animation Filmmakers Challenge, please see:
The first World Audio Visual & Entertainment Summit (WAVES), a milestone event for the Media & Entertainment (M&E) sector, will be hosted by the Government of India in Mumbai, Maharashtra, from May 1 to 4, 2025.
Whether you’re an industry professional, investor, creator, or innovator, the Summit offers the ultimate global platform to connect, collaborate, innovate and contribute to the M&E landscape.
WAVES is set to magnify India’s creative strength, amplifying its position as a hub for content creation, intellectual property, and technological innovation. Industries and sectors in focus include Broadcasting, Print Media, Television, Radio, Films, Animation, Visual Effects, Gaming, Comics, Sound and Music, Advertising, Digital Media, Social Media Platforms, Generative AI, Augmented Reality (AR), Virtual Reality (VR), and Extended Reality (XR).
Source: Hong Kong Government special administrative region
DH proactively promotes arrangement of streamlining approval procedures for HK-registered proprietary Chinese medicines for oral use to be registered on the Mainland to further promote healthcare collaboration in GBA Issued at HKT 18:00
Source: Hong Kong Government special administrative region
Hong Kong Customs seizes smuggled goods worth about $4 million Through intelligence analysis and risk assessment, Customs discovered that criminals intended to use ocean-going vessels to smuggle goods. Enforcement operations were thus formulated, with two suspicious containers scheduled to depart from Hong Kong to Iraq and Malaysia via ocean-going vessels being selected for inspection.
Customs inspected the two abovementioned containers that were declared as carrying shoes, clothes and bags, and metal copper plate and integrated circuit parts on April 11 and 17. Upon examinations, Customs officers found large batches of suspected smuggled goods, including household products, small electrical appliances, kitchenware and printed circuit boards in the containers.
An investigation is ongoing. The likelihood of arrests is not ruled out.
Being a government department primarily responsible for tackling smuggling activities, Customs has long been combating various smuggling activities on all fronts. Customs will keep up its enforcement action and continue to resolutely combat sea smuggling activities through proactive risk management and intelligence-based enforcement strategies, and carry out targeted anti-smuggling operations at suitable times to disrupt relevant crimes.
Smuggling is a serious offence. Under the Import and Export Ordinance, any person found guilty of importing or exporting unmanifested cargo is liable to a maximum fine of $2 million and imprisonment for seven years upon conviction.
Members of the public may report any suspected smuggling activities to Customs’ 24-hour hotline 182 8080 or its dedicated crime-reporting email account (crimereport@customs.gov.hkIssued at HKT 17:16
Source: Hong Kong Government special administrative region
Interdepartmental working group on festival arrangements releases latest information on cross-boundary passenger traffic estimation and arrangements for Labour Day Golden Week of Mainland During the upcoming Labour Day Golden Week of the Mainland (from May 1 to 5), the Immigration Department (ImmD) estimates that around 5.71 million passengers (including Hong Kong residents and visitors) will pass through Hong Kong’s sea, land and air control points. The ImmD, in consultation with the Shenzhen General Station of Exit and Entry Frontier Inspection and other Mainland authorities, estimates that around 4.90 million passengers will pass through land boundary control points. The number of outbound and inbound passengers using land boundary control points will be relatively higher on May 3 (Saturday) and May 5 (Monday), with around 590 000 passengers and 580 000 passengers respectively.
The ImmD estimates that the passenger traffic at the Lo Wu Control Point, the Lok Ma Chau Spur Line Control Point and the Shenzhen Bay Control Point will be heavy, with a daily average forecast of about 230 000, 210 000 and 150 000 passengers respectively.
To cope with the anticipated heavy traffic during the festive period, the ImmD has minimised leave for frontline officers for flexible deployment and the operation of extra clearance counters and kiosks.
Furthermore, the ImmD, the Hong Kong Police Force, the Customs and Excise Department and the MTR Corporation Limited will set up a joint command centre at the Lo Wu Control Point to make necessary arrangements. The ImmD will also establish close communication with Mainland authorities, including the Shenzhen General Station of Exit and Entry Frontier Inspection. To ensure a smooth passenger traffic flow, passenger conditions will be closely monitored and appropriate traffic diversion plans will be adopted when necessary.
Source: Hong Kong Government special administrative region
Office of Licensing Authority of Home Affairs Department steps up enforcement actions against unlicensed guesthouses during Easter holidays and before Labour Day holidays (with photo) A spokesman for the OLA said, “Based on intelligence gathered, the OLA carried out surprise inspections on 12 premises. Ten premises were suspected of operating unlicensed hotels or guesthouses. The OLA will initiate prosecution on cases with sufficient evidence after completion of the investigation.”
The spokesman stressed, “Operating unlicensed hotels or guesthouses is a criminal offence, and such an offence leads to a criminal record upon conviction. According to the Hotel and Guesthouse Accommodation Ordinance, an offender is liable to three years’ imprisonment and a maximum fine of $500,000. A fine of $20,000 for each day can also be imposed during which the offence continues. A six-month closure order may also be issued for a hotel or guesthouse involved in a repeated offence.”
Apart from conducting special operations during festive seasons, the OLA also steps up efforts to combat unlicensed guesthouses via online platforms. The OLA has strengthened its intelligence collection by forming a dedicated team to browse webpages, mobile applications, social media, discussion forums, etc, to search for information and intelligence on suspected unlicensed guesthouses. The OLA’s law enforcement officers will initiate follow-up investigations when information of unlicensed guesthouses advertised via online platforms is found. The OLA also conducts publicity work on Internet search engines outside Hong Kong to enable tourists’ access to the information provided by the OLA in the course of planning their trips to Hong Kong.
Tourists and members of the public can make use of the search functions on the OLA’s website to check whether the hotel or guesthouse concerned is licensed or not. Any suspected unlicensed hotel or guesthouse should be reported to the OLA by the hotline (Tel: 2881 7498), by email (hadlaenq@had.gov.hkIssued at HKT 17:00
Source: Hong Kong Government special administrative region
Communications Authority grants consent to CMHK to cease its 3G services Having considered various relevant factors, the CA approved the application pursuant to Special Condition 10.4 of CMHK’s Unified Carrier Licence. These include the very low proportion of customers affected (including customers of 3G pre-paid services and those who are still using 3G handsets/devices for connection to CMHK’s network), and CMHK’s provision of support services for the affected customers such as offers to upgrade service plans or to replace handsets/devices. For customers who choose not to continue the service or not to replace their handsets/devices, CMHK has made reasonable service termination arrangements and provided them with sufficient advance notification and customer service support. Moreover, the CA has required CMHK to maintain satisfactory 3G services until the scheduled service cessation date.
Source: Hong Kong Government special administrative region
External merchandise trade statistics for March 2025 In March 2025, the value of total exports of goods increased by 18.5% over a year earlier to $455.5 billion, after a year-on-year increase by 15.4% in February 2025. Concurrently, the value of imports of goods increased by 16.6% over a year earlier to $500.9 billion in March 2025, after a year-on-year increase by 11.8% in February 2025. A visible trade deficit of $45.4 billion, equivalent to 9.1% of the value of imports of goods, was recorded in March 2025.
For the first quarter of 2025 as a whole, the value of total exports of goods increased by 10.9% over the same period in 2024. Concurrently, the value of imports of goods increased by 9.8%. A visible trade deficit of $80.7 billion, equivalent to 6.4% of the value of imports of goods, was recorded in the first quarter of 2025.
Comparing the first quarter of 2025 with the preceding quarter on a seasonally adjusted basis, the value of total exports of goods increased by 12.7%. Meanwhile, the value of imports of goods increased by 9.9%.
Analysis by country/territory
Comparing March 2025 with March 2024, total exports to Asia as a whole grew by 22.4%. In this region, increases were registered in the values of total exports to some major destinations, in particular Taiwan (+61.3%), Malaysia (+57.3%), Vietnam (+41.3%), the Philippines (+34.5%) and the mainland of China (the Mainland) (+25.4%). On the other hand, a decrease was recorded in the value of total exports to Korea (-22.8%).
Apart from destinations in Asia, increases were registered in the values of total exports to some major destinations in other regions, in particular the United Kingdom (+48.5%) and the USA (+11.4%). On the other hand, a decrease was recorded in the value of total exports to the Netherlands (-29.0%).
Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+95.1%), Taiwan (+75.8%), the United Kingdom (+55.6%), Malaysia (+46.9%) and the Mainland (+7.4%). On the other hand, a decrease was recorded in the value of imports from Korea (-21.0%).
For the first quarter of 2025 as a whole, increases were registered in the values of total exports to some major destinations, in particular Vietnam (+69.1%), Taiwan (+40.6%) and the Mainland (+16.2%). On the other hand, decreases were recorded in the values of total exports to the United Arab Emirates (-36.9%) and India (-20.2%).
Over the same period of comparison, increases were registered in the values of imports from some major suppliers, in particular Vietnam (+68.9%), the United Kingdom (+57.4%), Taiwan (+53.9%), Malaysia (+47.6%) and the Mainland (+4.1%). On the other hand, a decrease was recorded in the value of imports from Korea (-23.6%).
Analysis by major commodity
Comparing March 2025 with March 2024, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $51.2 billion or +133.5%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $20.8 billion or +11.1%).
Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $44.4 billion or +130.8%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $22.2 billion or +11.5%).
For the first quarter of 2025 as a whole, increases were registered in the values of total exports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $86.7 billion or +82.6%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $43.3 billion or +8.6%). On the other hand, a decrease was registered in the value of total exports of “telecommunications and sound recording and reproducing apparatus and equipment” (by $12.1 billion or -9.0%).
Over the same period of comparison, increases were registered in the values of imports of some principal commodity divisions, in particular “office machines and automatic data processing machines” (by $74.8 billion or +91.1%) and “electrical machinery, apparatus and appliances, and electrical parts thereof” (by $52.4 billion or +10.6%). On the other hand, a decrease was registered in the value of imports of “non-metallic mineral manufactures” (by $10.0 billion or -24.0%).
Commentary
A Government spokesman said that the value of merchandise exports grew sharply by 18.5% in March over a year earlier. Exports to the Mainland grew strongly, while those to other major Asian economies showed mixed performance. Exports to the United States increased visibly, and those to the European Union registered a marginal increase.
Looking ahead, global trade tensions have escalated abruptly due to the significant increases in tariffs by the United States in early April. This will pose challenges to Hong Kong’s merchandise trade performance. Nevertheless, the steady growth in the Mainland economy, together with Hong Kong’s proactive efforts in enhancing economic and trade ties with different markets, should help buttress trade performance. The Government has been providing support to enterprises through various measures in coping with the external challenges, and will monitor the situation closely.
Further information
Table 1 presents the analysis of external merchandise trade statistics for March 2025. Table 2 presents the original monthly trade statistics from January 2022 to March 2025, and Table 3 gives the seasonally adjusted series for the same period.
The values of total exports of goods to 10 main destinations for March 2025 are shown in Table 4, whereas the values of imports of goods from 10 main suppliers are given in Table 5.
Tables 6 and 7 show the values of total exports and imports of 10 principal commodity divisions for March 2025.
All the merchandise trade statistics described here are measured at current prices and no account has been taken of changes in prices between the periods of comparison. A separate analysis of the volume and price movements of external merchandise trade for March 2025 will be released in mid-May 2025.
Source: Hong Kong Government special administrative region
Response to issues related to High Island Reservoir East Dam The relevant departments will continue to properly deploy and enhance the supporting facilities and measures in the area around the East Dam, making it more convenient for visitors. Issued at HKT 16:00
Source: Hong Kong Government special administrative region
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA) announced today (April 28) the establishment of an Expert Panel on Project CargoX (the Expert Panel) to enhance the digital ecosystem for trade finance by harnessing the power of cargo data.
Riding on the HKMA’s Commercial Data Interchange (CDI) (Note), Project CargoX is a multi-year, public-private collaboration, focusing on three key areas:
leveraging cargo data to streamline and enhance trade finance processes;
developing digital solutions to improve accessibility to trade finance for small and medium-sized enterprises (SMEs); and
exploring connections with international data partners to facilitate the trade financing use case for banks in Hong Kong.
To achieve these objectives, the HKMA has established an Expert Panel comprising industry experts and key stakeholders from cargo data providers, trade associations, banks, credit reference agencies and government agencies. The Expert Panel will formulate a roadmap for digitising cargo data (encompassing sea, road and air transportation data), and integrating relevant cargo data sources across jurisdictions with CDI, by the end of 2025. A list of the Expert Panel members can be found in the Annex.
With the guidance and recommendation from the Expert Panel, the HKMA will conduct proof-of-concept (PoC) studies and develop new solutions with strategic partners such as the Airport Authority Hong Kong (AAHK) and the Transport and Logistics Bureau (TLB) as well as pilot banks to improve digital trade finance through the use of cargo data and CDI in 2025 and 2026.
The Chief Executive of the HKMA, Mr Eddie Yue, said, “In today’s complex global trade landscape, many businesses, in particular SME traders, need more digitalised and efficient trade finance solutions to transform their business models and supply chains. By uniting a diverse group of experts from public and private sectors, the Expert Panel will play a pivotal role in driving the advancement of our digital trade finance ecosystem, reinforcing Hong Kong’s position as a premier trade finance hub and fostering the growth of SMEs. Leveraging cargo data and our next-generation CDI data infrastructure, CargoX will help resolve some long-standing pain points in trade finance for banks, ultimately boosting efficiency and driving industry-wide innovation.”
The Commissioner for Maritime and Port Development of the TLB, Miss Amy Chan, said, “The Transport and Logistics Bureau is developing the Port Community System for completion by end of this year to provide cargo track-and-trace across sea, road, and air transport, which is expected to lead the maritime, port, logistics and trading industries to new heights of digitalisation. The Port Community System makes use of blockchain technology to record cargo flows, hence ensuring the integrity and reliability of cargo flow information. We look forward to working with the Expert Panel and strategic partners to unlock the enormous potential of the Port Community System in facilitating trade finance, supporting SMEs, and strengthening Hong Kong’s position as a global maritime hub.”
Executive Director, Commercial of the AAHK, Ms Cissy Chan, said, “The AAHK is committed to driving innovation and digitalisation in the air cargo industry. Since launching the HKIA Cargo Data Platform in 2021, we have been working with a vast range of ecosystem partners in enabling efficient information and cargo flow via Hong Kong International Airport. The successful use case co-created with the HKMA’s CDI further synergises the capital flow and exemplifies the benefits on trade financing leveraging cargo data and cross-industry ecosystem collaboration. We welcome the HKMA’s effort to continue this momentum through CargoX initiative and look forward to working with like-minded organisations to continue contributing to the development of Hong Kong’s digital trade finance ecosystem.”
Note: Launched by the HKMA in October 2022, CDI is a consent-based financial data infrastructure that aims to enhance data sharing by facilitating financial institutions’ retrieval of enterprises’ commercial data, in particular the data of SMEs, from both public and private data providers.