The MoU aims to promote the Indian gaming industry by providing a platform for game developers to showcase their games and connect with potential investors, publishers, and partners.
The Partnership and its Objectives
The partnership between GDAI and the Federation of Indian Chambers of Commerce & Industry (FICCI) is a significant milestone in the Indian gaming industry. The MoU signed between the two organizations aims to promote the growth of the Indian gaming industry by providing a platform for game developers to showcase their games and connect with potential investors, publishers, and partners.
Key Objectives of the Partnership
Collaboration for Gaming Sector Growth
The Indian gaming industry is poised for significant growth, driven by the increasing popularity of gaming among the country’s young population. To support this growth, the Federation of Indian Chambers of Commerce and Industry (FICCI) has announced a collaboration with the Global Digital Alliance for India (GDAI) to map out the requirements for the growth of the gaming sector.
Understanding the Collaboration
The collaboration between FICCI and GDAI aims to create a comprehensive framework for the growth of the gaming sector in India. This framework will be based on the insights and expertise provided by GDAI, which will help identify the key requirements for the sector’s development.
The Role of FICCI in Facilitating Collaboration
FICCI, the Federation of Indian Chambers of Commerce and Industry, has been appointed as a liaison between the government and the gaming industry. This appointment is a significant step towards fostering collaboration and promoting the growth of the Indian gaming industry.
Key Objectives
The Five-Year Plan
The GDAI’s five-year plan aims to build an ecosystem and expand India’s video game intellectual properties.
The Rise of AVGC: A New Era for Entertainment and Education
The Animation, Visual Effects, Gaming, and Comic (AVGC) industry has been gaining momentum in recent years, with its growth driven by the increasing demand for immersive entertainment and educational experiences. The Indian government has taken notice of this trend and is now actively engaging with the industry to support its growth.
The Government’s Role in AVGC
The government has recognized the potential of the AVGC industry and is taking concrete steps to support its growth. In a significant move, the governments of Tamil Nadu and Telangana have specifically asked for the creation of AVGC-focused centers of excellence in their respective regions.