Karnataka Aims to Be the Gaming and Animation Capital of the Asia: Shri Priyank Kharge at IGC 2024

Author picture

During a special address at the second edition of the Indian Gaming Convention (IGC), Shri Priyank Kharge, Minister of Information Technology and Biotechnology, Government of Karnataka, said, “Karnataka has all that is needed to ensure that we become the gaming and the animation capital of not only this country but also of Asia. The two-day convention is being organised by the Internet and Mobile Association of India, on October 14-15, at the Taj Palace, New Delhi.

Bengaluru and Karnataka are the fourth largest technology clusters in the world. We run over 27 centres of excellence. We are setting up a centre of excellence specifically for gaming and I also am extremely keen to host Indias first government-sponsored eSports Olympics to ensure that we remain the leaders in this sector and be the most disruptive innovation capital in the world. We will also have a gaming accelerator by the end of this financial year,” he added.

The theme for IGC 2024 – India-the Next Superpower in Gaming, reflects India’s journey to being a global leader in gaming. Meta is the Title Partner of the convention.

Speaking on the scale of India’s gaming sector, Shri Kharge said, “The global AVGC market is estimated to be more than $366 billion with animation and visual effects constituting 46% share and gaming 54% share. The country boasts as the world’s second-largest gaming community, comprising 42.5 crore gamers, and from 2020 to 2023, the online gaming segment in India experienced a rise of 28% which was a market size of 16428 crores in 2023 and in the next four years, it should double.

Kharge shared that India had close to 1400 online gaming startups in 2023 and 430 crore gaming apps downloaded in 2023 while in-game purchases and deposits contributed 8370 crore through UPI transaction volume in India.

The new AVGC policy that we have announced recently ensures that more IPs come out from Karnataka. We are developing skills for the sector, we are incubating and nurturing leadership for the sector. We have a physical space for ideation, innovations and inventions for startups for the sector and we want to create as many IPs as possible from the state of Karnataka. We run a program called Elevate which is very unique to Karnataka where we offer a grant of 50 lakh rupees to the startups. Last year, we funded close to around 30 startups that are in the AVGC sector. Overall we have funded close to around 983 startups,” he concluded.

Among major partners of IGC 2024 are, Gold Partners -Salesforce and Veve; Silver Partners – Google Cloud & Bureau; Lanyard partner – Moloco; GameTech Enabler – Singhtek, and Knowledge Partner – PWC.

About Internet and Mobile Association of India

The Internet and Mobile Association of India (IAMAI) is a not-for-profit industry body with 580 members, including Indian and multinational corporations, as well as start-ups. IAMAI has been instrumental in shaping India’s digital economy. IAMAI advocates free and fair competition, and progressive and enabling laws for businesses as well as for consumers. The overarching objective of IAMAI is to ensure the progress of the internet and the digital economy. Its major areas of activities are public policy and advocacy, business to business conferences, research, promotion of start-ups and promotion of consumer trust and safety.

Recent Post

‘Your Happy Nest’ – TTK Good Home Launches Year Long, Pan India Campaign

2024 World Trade Centers Association (WTCA) Member Forum Advances Global Trade and Collaboration to Navigate the Ever-Changing Business Landscape

YES SECURITIES Launches Wize Whispers Quiz: A Fun-Filled Learning Experience

Pulse Candy Shines with Over 35 Awards in Less Than a Year!

India Ka Super OTT App, OTTplay Premium Partners with JioCinema

SKF Unveils Next-Generation Solutions at ISEA Tech and Innovation Summit, Driving Performance and Sustainability Goals

The Celebrity Hair Transplant Surge: A Confidence Boost for Stars and Athletes

Yellowstone International Film Festival Announces Stellar Lineup of Global Cinema for its 5th Edition

TUMI Celebrates the Joy of Coming Together for The Holidays

Research Meets Action: SGT University’s ASIA Institute Partners with AARDO to Combat Lead Poisoning Across Africa and Asia

Advaiya and Crayon Host Customer Roundtable to Explore Cloud Security and Modern Workplace Solutions

Tamil Nadu takes Centre Stage in World Travel Market London (WTM) 2024

Sunrise of Certified Real Estate Professionals: Lamrin Tech Skills University Awards Certification to the First Batch of ‘RESEED’

Joyville Shapoorji Housing Hosts an Electrifying Performance of Sukhwinder Singh Live Concert at SP Kingstown, Pune

Naad Ras Mahotsav: A Celebration of Faith, Devotion and Music in Honour of Shri Priya Priyatam Lal Ju

Shahi Exports Unveils New Brand Identity to Mark 50th Anniversary

OPPO Find X8 Series with ColorOS 15 to Launch Globally, Setting a New Standard for Flagship Smartphones

Padma Shri Hariharan Ji to Celebrate 50 Years of Musical Legacy with a Grand Concert in Delhi

Max Life Partners with Numr to Elevate Customer Experience through Real Time insights and Predictive Analytics

Sony India Launches WF-C510 Truly Wireless Earbuds at a Never-before Launch Price of Rs. 4,990

BANF Expands Operations to Support Tire Management and Road Safety in India

MyHealthcare Appoints Diwakar Bhowmik as Co-founder and Chief Operating Officer

Salesforce Delivers Accelerated Growth and Expands Presence in India

#MoveYourWay with Vicky Kaushal; Campus Unveils New Brand Campaign Celebrating the Spirit of Individuality and Authenticity

Esaote Group Expands Production in India

Get Back on Track with California Walnuts: 5 Post-Festive Health Tips

Tourism Malaysia and Scoot Host Successful Product Update and Networking Dinner for Indian Travel Agents

Get Festive Ready with Platinum EVARA

MicrobioTx Unveils the FIRST Fingerprick-based Test to Profile Gut Microbiome

HealthEdge Expands Employer Presence in India with New Bangalore Office, Promoting High Tech Innovation and Jobs in Healthcare

Quantiphi, DDReg Partner to Transform Regulatory Reporting in Life Sciences Through AI

Sringeri Sharada Equitas Hospital Revolutionizing Cancer Care with the Launch of Low-cost, High Quality Radiation Therapy

NBR Group Redefines Luxury Living with New Brand Identity, Tagline and Logo

DS Group’s Pulse Candy Unveils #ScreamForPulse Experience to Celebrate National Candy Day

Vinpearl Woos Indian Luxury Travelers with Strategic Two-pronged Focus

Signature Global Hosts its First-Ever Grand Home Fest ‘BOAT’ with Unmatched Diwali Offers

Grand Opening of Kalasha Fine Jewels: South India’s Finest Jewellery Store Now Open in Bangalore

The Bioceramic MoonSwatch MISSION TO EARTHPHASE Celebrates the Splendor of the Earth as Seen from the Moon

Diwali 2024: Managing Healthy Indulgence During the Festive Season with California Walnuts

Why Bajaj Finserv Large Cap Fund is a Unique Investment Opportunity

“Safar” of a Legend: Celebrating Rajesh Khanna’s Cinematic Journey at KIFF

Renaissance Global Unveils Renaei: A New Fashion Jewelry Brand Crafted for Gen Z & Millennials

HDFC Life’s AI Day Unveils the Future of Insurance with Cutting-Edge AI Innovations

L&T Finance Ltd. Launches #SapnoWaliDiwali AI-powered Campaign

Wagh Bakri Tea Group Honoured with “Generational Legacy Award” by Hurun, India

IPRS Sustains its Position as the 4th Largest Society by Revenue in the Asia-Pacific Region as per CISAC Global Collection Report 2024

Tamil Nadu’s Ace Archer Jayashree Jaykumar Takes Aim at World Title in Switzerland

Parmish Verma and Sunanda Sharma Perform at Faridabad’s Biggest Festive Event; Around 12000 Fans Gather at World Street by Omaxe

“Poly Scientific Ayurveda Can Offer Sustainable Health Solutions to the world,” Says Dr Polisetty

The Battle of Voices 2024 Concludes with Groundbreaking Podcast Innovations and Celebrations

Diwali 2024: Best Phones Under Rs. 20,000 – Incredible Festive Offers on Budget Smartphones

Kandima Maldives Launches Fast Track: The Maldives’ Longest and Fastest E-Go-Kart Circuit – A Thrilling Experience for All Ages!

Honouring Our Heroes at CS Academy, Coimbatore

7 Short-Haul Destinations to visit for a Memorable Celebration this Diwali

Siyaram’s Launches ZECODE: The New Fashion Destination for GenZ

Titan Smart Introduces a New Range of Fashion First Smartwatches with Premium Material and Contemporary Designs, Crown Collection

Tips to Optimise Your Tax Planning and Strengthen Your Business Loan Application with the Bajaj Finserv GST Calculator

Tappy Technologies Unveils the World’s First Fitness Ring Featuring Network Card Tokenization for Contactless Payments at Hong Kong Fintech Week 2024

Luxury Farmhouse Living in the Natural Beauty of Ram Rattan Naugaon

Unlock OnePlus Open Diwali Offers 2024: Special Discounts on the Latest Foldable Phone

Start Your Engine with CARS24’s Grand Carnival Sale this Festive Season

Diwali 2024 Mobile Offers: Save Big on Top Smartphones

Crompton Launches the Nigella Pro Mixer Grinder to Revolutionize Kitchen Convenience

Momentum Experiences Celebrates 20 Years of Success with an Exclusive, Soulful Musical Soiree in Mumbai

Streax Elevates Hair Colouring with New Gel Hair Colour: A High-Performance Experience for Brilliant Grey Coverage and Unprecedented Shine

Indian Drone Light Show Company Breaks 5 World Records at Amaravati Drone Summit 2024

Vinhomes: A Sustainable Future for Cities

Top 2024 Dhanteras Deals: Amazing Discounts on Smartphones, Laptops, and More

Diwali Special Offer: Huge Savings on Apple Laptops in 2024

Malabar Gold & Diamonds Unveils Exciting Diwali Offers Including Gold Coins and Rate Protection

ESAF Small Finance Bank Scores High in ESG Rating Under SEBI Framework

SMEs Save an Average of 10-12 Hours a Month with Tide’s Invoicing Feature

Crompton Takes a Step Towards Gender Equality by Launching its All-women Electrician Training Program in Maharashtra

Introducing Pizza Pazzi: Crafted in Italy, Made in India

Playground S4 on Amazon MX Player Elevates Reality Gaming: The Latest Season of the Show Sees Massive Viewership

Max Holidays Urges Strengthened Tourism Ties with China for Kailash Manasarovar Yatra

A Grand Diwali with Phoenix Palladium Mumbai

San Frissco Unveils Premium Handcrafted Footwear Collection for Men, Perfect for Festive Celebrations

Solidus Techno Power Completes 1MWp Rooftop Solar Plant at I.T. Park, Chandigarh

BluJ Aero’s Hydrogen Electric Aircraft Lauded by Civil Aviation Minister and Andhra Pradesh Chief Minister at Amaravati Drone Summit 2024

Red FM Brings ‘South Side Story – Kutty Edition’ to Mumbai

Elan Group Secures Investment of INR 1200 Crore from Kotak Real Estate Fund Towards Growth Capital

Springer Nature’s India Research Tour 2024 Concludes at Vellore Institute of Technology, Vellore

A10 Networks Outlines Blueprint to Secure and Deliver AI Applications and Help Increase Cyber Resilience

The Iconic Rock Bar Introduces Sustainable Beverage Menu Inspired by the Indian Ocean

Allcargo Gati to Roll Out 1,700+ Rebranded Vehicles with Alternate Fuel Solutions for First and Last Mile Delivery

Get in Touch

    By clicking “Submit”, I agree to Privacy Policy and Terms and Condition.