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The animation, visual effects, gaming and comics (AVGC) industry has witnessed unprecedented growth rates in recent times. It has seen the entry of many global majors who have tapped into India’s talent pool for offshore delivery of services.

The total animation, VFX and post-production segment grew 18% in 2018 to reach INR78.9 billion

By 2021, the animation segment is expected to reach a size of INR 24.4 billion

Online gamers in India grew 52% to 278 million in 2018

By 2021, it is estimated that India’s animation, VFX and post production segment will reach INR127.6 billion

By 2021, the VFX segment is expected to reach a size of INR 75.5 billion

The gaming industry is expected to grow at 35% CAGR to reach INR 120 billion by 2021

Source for facts above: FICCI Frames Report 2019