Sai Srinivas, Co-Founder and CEO, Mobile Premier League (MPL) are very encouraging to see that the union budget has considered several old pending suggestions for animation, visual effects, games, and comics (AVGC) sector, while recording this strong potential of this industry Apply to generation of employment and take the title of global ‘made in India’ game.
We welcome the announcement of the Minister of Finance to form an AVGC promotional assignment unit to provide a very much-needed encouragement for this sector.
This announcement highlights the need to build the capacity to serve the domestic and global market, and is an indicator of strong encouragement that the government is willing to provide its growth.
It is also encouraging to see the government’s commitment to work with the industry, allowing a balanced approach that accommodates the needs of all stakeholders and strengthens ecosystems holistically.
Progressive tax regime, predictable regulatory framework and supportive support policies will enable the industry to compete on the world stage.
In addition, it will also help develop AVGC young professional workers and exhibit to deliver the next technology revolution from within India.
Sean Hyunil Sohn, Head, Indian Division Krafton Budget Union 2022 is a forward and inclusive in nature, especially with the Indian video game industry set for extraordinary growth in the coming years.
We welcome the steps taken by the government towards AVGC (animation, visual effects, gaming, and comics) promotional units and advancing the vision of gaming ecosystems that develop in India.
This step will definitely work to foster local innovation, improve work and job creation, and create new opportunities to improve talents, such as playing games as career.
We patiently waited for the development of the assignment and hoped for the momentum to continue and believe that 2022 would be a great year for Indian gaming ecosystems.
Sunil Yadav, CEO, Playerzpotthe animation, visual effects, games, and comics (AVGC) are one of the fastest growing sectors in India, and attract great interest from a large cross section of the population.
The announcement of the new AVGC task unit is welcomed, as we hope will help build domestic capacity and also serve global demand.
The task force has come at the right time, for those who pursue a career in playing games as this sector is booming now and requires more talented young people to grow.
With the government introducing digital rupees and trends seen in the adoption of Crypto, NFT will grow significantly.
5G Auction services in FY 22-23 throughout the country will play an important role in further growth penetrating in the market and also increasing game play experience.
Sumit Jha, Founder, Fantasy Budget Akhadathis year seems holistic and promises an extension of the front-insightful government scheme.
Encourage to see special attention from the AVGC segment this year.
We also praise the FM proposal for Aicte’s responsibility to curize the Salabi for urban planning courses that will further support young people and strengthen the AVGC ecosystem in India.
This is a big step to tapping industrial demand which is booming globally.
Also, the initiative to regulate the AVGC Special Task Force will help increase our domestic capacity, helping us to meet market demands that are developing at national and international levels.
We are very optimistic about focusing on innovation and we firmly believe that the AVGC task unit will look for recommendations on the way forward.
Paivan Nanda, Co-Founder, Winzowe welcomed the announcement of the Minister of Finance during a budget of 2022 to regulate the unit of animation, visual, game, and comics (AVGC) with the aim of building domestic capacity to serve markets and global demand.
Gaming is an immediate trillion dollar industry, and is very encouraging to see that the Indian government has recognized the exponential potential held by this sector.
Budget 2022: Head of MPL and other game companies that must be said
