Posts

Showing posts from June, 2024

The Rise of AVGC — XR in India: A New Era of Digital Creativity

Image
  India has always been a land of rich cultural heritage, storytelling, and innovative minds. Today, this heritage is being translated into the digital realm through the rise of the AVGC (Animation, Visual Effects, Gaming, and Comics) and XR (Extended Reality, including Virtual Reality and Augmented Reality) sectors. These industries are redefining entertainment and creating new avenues for education, healthcare, and other fields. The Growth Trajectory of AVGC in India The AVGC sector in India has seen exponential growth over the past decade. According to industry reports, the Indian animation and VFX industry alone was worth over $1 billion in 2021, with projections indicating continued robust growth. Several factors contribute to this surge: 1. Talent Pool: India boasts many young, creative, and technically skilled professionals. Institutions offering specialized courses in animation, VFX, and gaming are mushrooming across the country, further nurturing this talent. 2. Global Out