Ministry of I&B Constitutes Animation, Visual Effects, Gaming, and Comics (AVGC) Promotion Task Force
Headed by Secretary I&B, Task Force to submit its first action plan within 90 days
Task Force has representation from industry, Academia, and State Governments
- The creation of the AVGC Promotion Task Force announced in the Budget Speech of the Hon’ble Finance Minister
- AVGC industry partners as stakeholders
- India to be at forefront of Content Creation
- To guide policies of growth of the AVGC Sector
- Actively Collaborate with Industry
- Enhance global positioning of the Indian AVGC industry
The Animation, Visual Effects, Gaming, and Comic (AVGC) sector in India has the potential to become the torchbearer of “Create in India” & “Brand India”. India has the potential to capture 5% (~$40 billion) of the global market share by the year 2025, with an annual growth of around 25-30% and creating over 1,60,000 new jobs annually.
Key pointers of the release:
(i) Framing of a national AVGC policy,
(ii) Recommend a national curriculum framework for Graduation, Post-Graduation, and Doctoral courses in AVGC related sectors,
(iii) Facilitate skilling initiatives in collaboration with academic institutions, vocational training centers & Industry
(iv) Boost employment opportunities,
(v) Facilitate promotion and market development activities to extend the global reach of the Indian AVGC Industry,
(vi) Enhance exports and recommend incentives to attract FDI in the AVGC sector.
Mr. Lokesh Suji, Director, Esports Federation of India & Vice President of the Asian Esports Federation (AESF) welcomes this news:
“We are super excited to see the speed with which things are transforming in regards to the video games/AVGC sector in India; it was only on February 1st 2022 when our Hon’ble Finance Minister Smt. Nirmala Sitharaman Ji announced to form an AVGC Task force and within a short span of just two months, we have a Task Force in place with the relevant industry veterans on board in the core team.
ESFI welcomes this first official step to unlock the true potential of India towards “Create in India, Brand in India & Atmanirbhar Bharat in the AVGC sector, which directly helps us unlock the potential for esports also. ESFI will continue to actively support such initiatives.”
Source: Press Release
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