AVGC players upbeat about Cabinet nod for NCoE , see it as a gamechanger.

The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the establishment of the National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) as a Section 8 Company under the Companies Act, 2013 in India with Federation of Indian Chambers of Commerce & Industry and Confederation of Indian Industry representing the industry bodies as partners with the Government of India. The NCoE will be set up in Mumbai and is in pursuance to the Union Minister for Finance and Corporate Affairs’ budget announcement for 2022-23 for setting up of an AVGC Task Force in the country.

AVGC-XR sector today plays an indispensable role in the entire realm of Media and Entertainment, including filmmaking, Over The Top (OTT) platforms, gaming, advertisements and several other areas, including health, education and other social sectors thereby encompassing the overall structure of the country’s growth story. With rapidly evolving technology and increasing internet penetration all across the country, coupled with one of the cheapest data rates, the usage of AVGC-XR globally is poised to grow at an exponential pace. Since esports received official recognition as a ‘multi-sport event’ from the Indian government, the gaming industry has seen significant growth in the country, with various states actively engaging with the sector to support its development. The Ministry of Information and Broadcasting recently furthered this support with the announcement of the World Audio Visual and Entertainment Summit (WAVES), scheduled to take place in New Delhi in February 2025. This summit will feature esports tournaments for popular titles such as Battlegrounds Mobile India (BGMI), World Cricket Championship (WCC), and eFootball, showcasing the country’s commitment to creating a thriving gaming ecosystem.

The NCoE will be a hub for research and development, fostering innovation and collaboration among Indian game developers. It will also serve as a platform for showcasing India’s unique cultural heritage and its potential in the global gaming market. The NCoE will be a center for training and skill development, equipping Indian game developers with the latest technologies and industry best practices. This will help them to compete effectively in the global market.

“The focus on creating India’s intellectual property, especially content that reflects our cultural richness, aligns perfectly with our ambitions at SuperGaming, where we’re working on Indus, the most ambitious Made-In-India battle royale game set in an Indo-futuristic universe. As gaming continues to blur the lines between entertainment and technology, we can expect to see a rise in investments, both domestic and foreign, as the global industry looks to India as a content hub. The focus on cutting-edge technology, coupled with the support of the government and industry leaders, is bound to attract significant FDI in the gaming sector, further boosting India’s position on the global gaming map,” he further added.

He has actively promoted India’s digital infrastructure and the potential of the gaming sector to create jobs and boost the economy. **Key Points:**

* **Prime Minister Modi’s Support for the Gaming Industry:**
* Modi’s speech emphasized the potential of the gaming industry to drive economic growth. * He highlighted the growing number of Indian gamers and their potential to create a vibrant and dynamic gaming ecosystem.

1. **The Need for Advanced AVGC-XR Skills:**
* **Definition of AVGC-XR:**
* AVGC stands for Augmented Reality, Virtual Reality, Games, and Content Creation. * XR encompasses the entire spectrum of extended reality technologies, including AR, VR, MR, and mixed reality.

The NCoE primarily aligns with the interests and career aspirations of the Gen-Z demographic, expanding career opportunities in the AVGC-XR sector. NODWIN Gaming, a leader in youth entertainment, gaming, and esports, has been at the forefront of catering to this demographic in India with IPs such as Comic Con, DreamHack India, BGMS Season 3, and NH7 Weekender. Akshat Rathee, Co-founder and Managing Director of NODWIN Gaming, remarked, “The establishment of the National Centre of Excellence (NCoE) for AVGC-XR marks a milestone for India’s entertainment industry. The NCoE will act as a beacon for both amateurs and professionals of the industry to learn and sharpen their craft. The amalgamation of multiple sectors like animation, VFX, gaming, comics and more will be extremely beneficial for the industry as all of these sectors synergise exceptionally well to create amazing experiences for everyone.

This statement highlights the company’s commitment to creating a comprehensive and engaging experience for young people. Let’s break down what this means and how NODWIN Gaming achieves it. **Holistic Experiences:** This goes beyond just organizing events.

The NCoE for AVGC-XR will also position India as a content hub for providing state-of-the-art content, thereby enhancing India’s soft power globally and attracting foreign investment into the Media & Entertainment sector. In conclusion, the NCoE for AVGC-XR represents a transformative leap for India’s gaming and esports industry. Also Read: Indian online gaming to contribute 68% to AVGC industry by 2026

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