Written by CB Arun Kumar, Academic Director, EDGE Metaversity.

The Animation, Visual Effects, Games and Comics (AVGC) industry is currently thriving in India and is witnessing one of the fastest growth rates in the world. According to the KPMG 2021 report, the number of gamers in India increased to over 400 million from 250 million in 2018-19. This incredible growth has created tremendous opportunities as new sources of value have been unlocked in the AVGC industry.

2022 for the AVGC sector

The AVGC sector is making significant progress and already contributes significantly to India’s multi-billion dollar economy. The sector saw immense growth with technology adoption as-is, but witnessed strong uptake with the onset of the pandemic.

There has been a rapid…