Gaming Can Give India An Edge In AI Innovations: Here's What How The Govt Can Help
3 months, 2 weeks ago

Gaming Can Give India An Edge In AI Innovations: Here's What How The Govt Can Help

ABP News  

During the 78th Independence Day speech, from the ramparts of the historic Red Fort, PM Modi detailed a plan for ‘Viksit Bharat @2047. The online gaming industry has become one such arena for attracting higher investments from domestic and foreign investors that could trigger skilled-job creation, and multiply innovations in game design and development. Online Gaming & Indian GDP According to the report - ‘India's Booming Online Gaming Industry - A Potential Powerhouse’ published in July 2024, the share of online gaming in India’s GDP has seen a growth of 27.5 per cent from 2019-22. Moreover, as per the findings of the India Gaming Report 2024, India’s online gaming industry is expected to almost double by 2028 to $6 billion from $3.1 billion in 2023. The self-regulatory organisations governing the gaming industry have already implemented codes of conduct centred on ‘responsible gaming’ to curb instances of addiction and ensure mental well-being.

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History of this topic

Global Gaming In India: How Policy Reforms Can Unlock New Opportunities
1 week, 3 days ago

Global Gaming In India: How Policy Reforms Can Unlock New Opportunities

ABP News  

Online gaming in India is experiencing a boom, with nearly 430 million players actively engaged in a variety of games. With the right support and regulatory clarity, the global gaming industry will be drawn to India, paving the way for technological advancements, bridging the digital divide, and even inspiring educational game development. Thus, the imposition of an enhanced 28 per …

Advancing India’s Online Gaming Regulation: One Measure at a Time
3 weeks, 5 days ago

Advancing India’s Online Gaming Regulation: One Measure at a Time

ABP News  

By Dharmender Jhamb & Anusha Jain Online gaming in India is experiencing an exponential rise, transforming from a niche hobby into a mainstream entertainment powerhouse. Efforts Towards Regulating Online Gaming A significant effort to streamline the online gaming sector came in April 2023 when the Ministry of Electronics and Information Technology amended the IT rules. Types of Measures to regulate …

India’s trade department partners with gaming platform WinZO for a global powerup
3 weeks, 6 days ago

India’s trade department partners with gaming platform WinZO for a global powerup

Live Mint  

New Delhi: The Department for Promotion of Industry and Internal Trade has entered into a two-year partnership with social gaming platform WinZO to boost India’s position in the global gaming market, a senior commerce ministry official said on Tuesday. This collaboration aims to nurture over 2,000 startups, innovators, and students in the interactive entertainment space through mentorship, workshops, accelerator programmes, …

Telangana and Tamil Nadu Lead the Charge for Gaming Innovation at IGDC 2024
1 month, 1 week ago

Telangana and Tamil Nadu Lead the Charge for Gaming Innovation at IGDC 2024

Deccan Chronicle  

HYDERABAD: Day Two of the 16th edition of the India Game Developer Conference, an initiative of Game Developer Association of India, kicked off with a strong call for collaboration between state and central ministries to propel India's emerging video gaming and interactive entertainment sector onto the global stage. Sanjay Jaju, Secretary, MIB on day 1 of IGDC by expressing enthusiasm …

India’s sports industry to jump to $130 billion by 2030: Deloitte-Google report
1 month, 1 week ago

India’s sports industry to jump to $130 billion by 2030: Deloitte-Google report

Live Mint  

MUMBAI: India’s sports industry is set to grow from $52 billion in 2023 to $130 billion by 2030, driven by a surge in multi-sport fan base and deepening engagement from Gen Z audiences, according to a Deloitte-Google report. “We’re witnessing a surge in multi-sport fandom, growing popularity of digital platforms, and deep engagement from Gen Z, who represent the largest …

India's adoption of AI technologies higher than global average, claims new report
1 month, 1 week ago

India's adoption of AI technologies higher than global average, claims new report

Hindustan Times  

A new research by the Boston Consulting Group pegged India's adoption of Artificial Intelligence higher than the global average. “India's swift adoption of AI is redefining its competitive edge globally, with 30 per cent of Indian companies having maximized AI's value potential--surpassing the global average of 26 per cent. With 100 per cent of companies actively experimenting with AI, India …

Nvidia's AI Push for India: A Multi-Trillion Dollar Opportunity
1 month, 4 weeks ago

Nvidia's AI Push for India: A Multi-Trillion Dollar Opportunity

Live Mint  

Nvidia's Huang advocates for India to focus on developing local infrastructure and capabilities for exporting artificial intelligence (AI) rather than manufacturing semiconductors that power the AI revolution. He believes that India has the vast amounts of data to train AI models and the renewable energy to power the computation infrastructure, making it a significant opportunity for AI export.

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report
7 months, 1 week ago

India's AI Spending Forecasted to Reach $5.1 Billion by 2027: Intel-IDC Report

News 18  

Intel and IDC have unveiled a joint report assessing the Artificial Intelligence maturity level across eight markets, including India. The report highlighted that India’s AI spending is forecasted to experience the swiftest expansion among the examined markets, with a projected Compound Annual Growth Rate of 31.5 per cent from 2023, reaching $5.1 billion by 2027. According to the report, India, …

Getting to a new level in India’s online gaming sector
7 months, 2 weeks ago

Getting to a new level in India’s online gaming sector

The Hindu  

The Prime Minister’s vision to establish India as a prominent global gaming hub has received renewed attention as he engaged with seven of the top gamers in the country. The online gaming industry forms a critical part of the Digital India vision and initiative. Rapid growth The online gaming industry in India has seen a rapid expansion of 28% CAGR …

Gaming Industry eSports 2 Lakh Jobs In Next 10 Years India Gaming Report 2024 Report
8 months, 3 weeks ago

Gaming Industry eSports 2 Lakh Jobs In Next 10 Years India Gaming Report 2024 Report

ABP News  

The Indian gaming industry is thriving and it has even topped the US and Brazil in terms of game downloads. According to the India Gaming Report 2024, India’s total mobile game downloads exceeded the total downloads of the next two markets – the US and Brazil combined. Currently, the Indian gaming industry is experiencing a rise in the need for …

India’s gaming industry sees exponential growth: Meta report
9 months, 1 week ago

India’s gaming industry sees exponential growth: Meta report

The Hindu  

The gaming industry in India is experiencing exponential growth that is fuelled by digital advancements, according to a study commissioned by Meta and conducted by the online insights platform GWI. These findings, showcased at Meta’s inaugural Gaming Summit in India on Thursday, highlighted the pivotal role of Meta platforms - particularly Reels, video ads, and influencers - in shaping gamers’ …

India’s AI leap: bridging the gap
9 months, 1 week ago

India’s AI leap: bridging the gap

Live Mint  

Though Prime Minister Narendra Modi and the Union government have been talking about ‘Making AI in India’ and ‘Making AI Work for India’ for some time now, there was a worry that the lack of powerful AI compute infrastructure could hold India’s AI ambitions back. The money allocated to help build the all-critical GPU infrastructure through a public-private partnership model …

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race
9 months, 2 weeks ago

India to invest $1.2 billion in AI infrastructure, startups; Ambani's Reliance to lead the race

Hindustan Times  

India will invest $1.2 billion in a wide range of artificial intelligence projects as the world's most populous country stakes a claim to the burgeoning sector. Junior minister Rajeev Chandrasekhar said the investment "will catalyze India's AI ecosystem and position it as a force shaping the future of AI for India and for the world". OpenAI chief executive Sam Altman …

India’s AI market seen touching $17 billion by 2027: Report
10 months ago

India’s AI market seen touching $17 billion by 2027: Report

The Hindu  

February 21, 2024 10:16 am | Updated 12:24 pm IST - MUMBAI India’s artificial intelligence market is projected to touch $17 billion by 2027, growing at an annualised rate of 25-35% between 2024 and 2027, IT industry body Nasscom and consulting firm BCG said on Tuesday, citing a joint report studying AI-powered tech in the country. The growth is seen …

India's AI market to reach USD 17 billion by 2027: Nasscom
10 months ago

India's AI market to reach USD 17 billion by 2027: Nasscom

India TV News  

India’s artificial intelligence market is booming, and it is likely to grow at a 25 per cent compound annual growth rate to reach USD 17 billion by 2027, with similar growth in artificial intelligence investments. This growth has been fueled by multiple factors which include increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI …

India Needs 10 Lakh AI Experts, Says Rajanna
10 months, 1 week ago

India Needs 10 Lakh AI Experts, Says Rajanna

Deccan Chronicle  

Hyderabad: India needs 10 lakh people trained in artificial intelligence by 2026 and the technology industry is making significant investments in this, said V. Rajanna, president, of technology, services, and software, TCS. Delivering the keynote address at the annual event of Hyderabad Software Enterprises Association here on Wednesday, he said Hyderabad was a pioneer in launching digital citizen services in …

Regulating India’s online gaming industry
11 months, 1 week ago

Regulating India’s online gaming industry

The Hindu  

As we know, market failures manifesting in various forms such as monopolies, externalities, and information asymmetries not only diminish economic value but also erode societal well-being, which results in decline in the trust of users. The online gaming industry in India is predominantly a home-grown start-up ecosystem growing at 27% CAGR. Similar to other forms of digital media, the meteoric …

How India's tryst with Artificial Intelligence will ensure its developed status by 2047
1 year ago

How India's tryst with Artificial Intelligence will ensure its developed status by 2047

Firstpost  

Under Prime Minister Modi’s tech-focused policies, India has shifted from being a follower to a leader. Hosting the Global Partnership on Artificial Intelligence summit and leading GPAI in 2024 marks a significant leap In 1956, when John McCarthy introduced the term “Artificial Intelligence”, the idea that the 21st century would become synonymous with AI dominance was beyond anyone’s imagination. The …

Gaming is transitioning from ‘mere recreation’ to a ‘career path’: Report
1 year ago

Gaming is transitioning from ‘mere recreation’ to a ‘career path’: Report

The Hindu  

The HP India Gaming Landscape Study 2023 unveils a transformative era for Indian gamers, spotlighting the exponential growth of the esports industry. Surveying 3000 gamers across 15 cities, the study discloses a seismic shift in gaming dynamics, where it transcends mere recreation to become a career path. Vickram Bedi, Senior Director, Personal Systems, HP India market envisions Indian youth making …

Gamers earned better in 2023, HP says
1 year ago

Gamers earned better in 2023, HP says

The Hindu  

Almost half of more than 3,000 serious Indian gamers who participated in a survey said they earned between ₹6 lakh and ₹12 lakh per annum in 2023, much higher than what they had earned in the previous year, according to the findings of study by HP conducted across 15 cities. Consequently, parents’ perspective on gaming had turned positive with 42% …

India's online gaming industry gains with increased user spending
1 year, 1 month ago

India's online gaming industry gains with increased user spending

Live Mint  

NEW DELHI : After years of stagnation, e-sports and video game firms in India have begun generating in-game and An industry report by Google and venture capital firm Lumikai, released on 2 November, pegged the annual average revenue per user for India’s gaming industry to reach ₹1,600 by FY23-end, rising tenfold in the past four financial years. Roby John, co-founder …

Generative AI will change the way we develop games: Krafton India CEO
1 year, 1 month ago

Generative AI will change the way we develop games: Krafton India CEO

The Hindu  

Generative AI will change the way we develop video games. “It can be used to create voice actors, find bugs and create content,” Sean Hyunil Sohn, CEO of Krafton India told The Hindu. “We are also looking to invest in generative AI firms because they’ve started to change the ways we are making games,” said Sohn. On PC gaming, he …

Lumiaki State of India Gaming Report IGDC 2023: India Gaming Market Projected To Reach USD 7.5 Billion By FY28, Country Leads In Global Mobile Downloads
1 year, 1 month ago

Lumiaki State of India Gaming Report IGDC 2023: India Gaming Market Projected To Reach USD 7.5 Billion By FY28, Country Leads In Global Mobile Downloads

ABP News  

Hyderabad: Lumikai, the first dedicated games and interactive media VC, has unveiled its highly anticipated 3rd annual ‘State of India Gaming’ report in collaboration with Google. India A Global Leader In Mobile Game Downloads One of the standout findings in the report is the robust growth rate projected at 20 per cent CAGR, primarily fueled by the increasing popularity of …

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev
1 year, 2 months ago

India\'s AI Programme to Drive $1 Trillion Digital Economy by 2026: MoS Rajeev

Deccan Chronicle  

NEW DELHI: The government is hopeful that India's artificial intelligence programme is likely to be a kinetic enabler for India to achieve the goal of a $1-trillion digital economy by 2026. “This is a deep, multi-year roadmap to make Indian AI work for being a kinetic enabler of the trillion dollar digital economy,” Chandrasekhar said. “Äpart from supporting the startup …

‘Very concerned about Lava chief Rai’s arrest’
1 year, 2 months ago

‘Very concerned about Lava chief Rai’s arrest’

Live Mint  

New Delhi: The arrest of a top Lava International Ltd executive is concerning given the phonemaker’s position as a leading Indian brand in the growing smartphone industry, Union minister of state for information technology Rajeev Chandrasekhar said. The Enforcement Directorate on Wednesday arrested Hari Om Rai, co-founder, chairman and managing director of Lava, as well as three officials linked to …

‘Government intervention will give regulation of online gaming a lot more teeth’
1 year, 3 months ago

‘Government intervention will give regulation of online gaming a lot more teeth’

The Hindu  

The E-Gaming Federation, a not-for-profit organisation to protect consumer interest and self-regulate the Indian gaming sector, has welcomed the recent guidelines proposed by the Ministry of Electronics and Information Technology for regulation of the industry. The Union government had proposed steps to regulate online gaming by way of amendments to the Information Technology Rules. The government stepping in will give …

SuperGaming CEO Shares Tips On Game Development, Says Made-In-India Battle Royale 'Indus' Coming Soon
1 year, 3 months ago

SuperGaming CEO Shares Tips On Game Development, Says Made-In-India Battle Royale 'Indus' Coming Soon

News 18  

The battle royale genre stands out prominently among all genres of games in India, thanks to the widespread appeal garnered by several games—including BGMI and Garena Free Fire, which have deeply engaged India’s youth. Shaurya Sharma from News18 Tech engaged in a conversation about the state of battle royale games with Roby John, the CEO, and founder of SuperGaming. WATCH …

Is ‘Esport’ next big thing for India? Zerodha co-founder backs gaming industry
1 year, 4 months ago

Is ‘Esport’ next big thing for India? Zerodha co-founder backs gaming industry

Live Mint  

Recently, India's gaming industry got a major setback after a team of politicians and experts decided to impose 28% GST on online games during the 50th Council meeting held in July. However, according to Zerodha co-founder Nikhil Kamath, the gaming industry is going to be the 'next big thing' for India. Backing his viewpoint about the online gaming industry, Kamath …

Video-gaming firms write to PMO seeking distinction from real-money gaming industry
1 year, 4 months ago

Video-gaming firms write to PMO seeking distinction from real-money gaming industry

The Hindu  

As many as 45 video game companies in India on July 26, 2023, wrote to the Prime Minister’s Office and to the Ministries of Information & Broadcasting, and Electronics & Information Technology, seeking to put distance between themselves and the real-money gaming industry, amid the ‘widespread confusion’ caused by the latter being referred to as ‘online gaming’. “‘Online Games’ is …

Counter strike: Indian gaming studios are going in for the kill
1 year, 5 months ago

Counter strike: Indian gaming studios are going in for the kill

Hindustan Times  

What if the people of the Indus Valley Civilisation didn’t die out, but moved to another galaxy, where they are waiting to be rediscovered? The overseas interest did prove crucial for India’s biggest home-grown videogame success so far: the PC and console game Raji: An Ancient Epic. India’s gaming studios have traditionally serviced AAA titles such as Elden Ring, State …

5G, Cloud To Help India Gaming Market Reach $8.6 Billion By 2027: Report
1 year, 5 months ago

5G, Cloud To Help India Gaming Market Reach $8.6 Billion By 2027: Report

News 18  

The gaming market in India, which was worth $2.6 billion in FY2022, is predicted to grow by 27 percent each year. As per the State of India Gaming report shared during the third edition of the ‘India Gaming Conclave 2023, India’s gaming industry has experienced significant growth in recent years, making it one of the largest global gaming markets. For …

India's gaming market is expected to soar to 8.6 Billion USD by 2027 driven by 5G and cloud technology
1 year, 5 months ago

India's gaming market is expected to soar to 8.6 Billion USD by 2027 driven by 5G and cloud technology

India TV News  

The gaming market in India, which was valued at $2.6 billion in FY2022, is projected to experience an impressive annual growth rate of 27 per cent, reaching $8.6 billion by 2027. Ninad Chhaya, Senior Vice President at Reliance Games, expressed optimism about the future of the gaming industry, citing technological advancements and the ever-expanding global audience. With the rapid advancements …

Online Gaming Companies Are Providers of Service and Should be Taxed As Such
1 year, 5 months ago

Online Gaming Companies Are Providers of Service and Should be Taxed As Such

Deccan Chronicle  

Hyderabad: The taxation policy on gaming has proven to be a contentious issue with the industry and the GoM taking contrarian views on what rate and value the online gaming platforms should be taxed at. However, in a recent report, it was noted that the key contention for decision making is whether the prize pool which is the “actionable claim” …

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar
1 year, 6 months ago

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar

The Hindu  

The Indian Government has set a goal of making technology 20-25% of the country’s GDP by 2025, India’s IT Minister Rajeev Chandrasekhar has told Indian American entrepreneurs and asked them to be part of this story of India. “Over the last nine years, the digital economy has expanded, diversified and currently there isn’t a slice or space in the tech …

The Journey Of OAO India: Creating World-Class Games And Pioneering Innovation In The Gaming Industry
1 year, 6 months ago

The Journey Of OAO India: Creating World-Class Games And Pioneering Innovation In The Gaming Industry

ABP News  

New Delhi, June 13: With the gaming industry growing at an unprecedented pace, companies are facing intense competition to create innovative and engaging games that capture the attention of gamers. OAO India, founded by Master Aryen Suresh Kute, has stepped up to this challenge and is taking the changing tides of the gaming industry head-on. With a focus on creating …

Self-regulation of online gaming will need safeguards
1 year, 9 months ago

Self-regulation of online gaming will need safeguards

Live Mint  

Video games are bad for you? The draft rules adopt a light-touch approach to regulation and provide for industry-created Self-Regulatory Bodies that would be responsible for registering online games and developing a framework for user protection. To ensure independence of SRBs, the registration conditions also call for provisions in the SRB’s Articles of Association to ensure independent functioning that is …

How gaming industry has established itself as the leader of digital entertainment world
1 year, 10 months ago

How gaming industry has established itself as the leader of digital entertainment world

Firstpost  

Entertainment has always been a critical element in our lives, providing solace, thrill, and respite from the monotony of everyday existence. As the race continues, it has become increasingly evident that one form has risen to the forefront and claimed the throne of digital entertainment – Gaming. Millions of people can now play games on-the-go, making mobile gaming a popular …

Why MeitY Should Play It Right When Selecting India's Gaming Rules
1 year, 11 months ago

Why MeitY Should Play It Right When Selecting India's Gaming Rules

ABP News  

A November 2022 report by Boston Consulting Group came up with some startling facts and figures on India’s gaming industry. The rules also provide for KYC procedures almost equating the gaming industry with the banking sector, observance of due diligence, establishment of grievance redressal mechanism, prominent publishing of rules and regulations, privacy policy, user agreements, and so on. The rules …

Explained | How is India moving to regulate online gaming?
1 year, 11 months ago

Explained | How is India moving to regulate online gaming?

The Hindu  

The story so far: The Ministry of Electronics and Information Technology has released draft amendments in relation to online gaming. The Minister of State at MeitY Rajeev Chandrasekhar stated that the draft proposes a self-regulatory mechanism which, in future, may also regulate the content of online gaming. ‘Winning’ constitutes any prize, in cash or kind, intended to be given to …

Indian government proposes online gaming policy; wagering not allowed
1 year, 11 months ago

Indian government proposes online gaming policy; wagering not allowed

The Hindu  

The Ministry of Electronics and Information Technology on Monday proposed an amendment to bring online gaming under the ambit of the Information Technology Rules, 2021. “Any game that allows or permits wagering on its outcome is effectively a no-go area,” Union Minister of State Rajeev Chandrasekhar said in an interaction with the media. “This will boost the legitimate domestic online …

Deep diving into the future of the online gaming industry in India
2 years ago

Deep diving into the future of the online gaming industry in India

Firstpost  

Online gaming in India has a ton of potential as an industry in India. India finally recognised online gaming as a legitimate form of entertainment and welcomed a culture centered purely around gaming. Crystal-gazing at the future of the industry, here are some of the other developments that will soon go mainstream and aid the growth of online gaming: Rise …

The dark side of online gaming: From people in debt to ruined families, online gaming in India needs to be regulated
2 years ago

The dark side of online gaming: From people in debt to ruined families, online gaming in India needs to be regulated

Firstpost  

There have been many instances where people have ruined themselves financially and even died by suicide because they were addicted to online gambling and online gaming. The Online gaming has become extremely popular in India and has grown into a massive industry, with millions of people, spending billions of rupees across various games, every year. What this basically means, is …

Government plans federal oversight of all real-money online games: Report
2 years ago

Government plans federal oversight of all real-money online games: Report

Live Mint  

India's planned regulation of online gaming will apply to all real-money games after the prime minister's office overruled a proposal to only regulate games of skill and leave out games of chance, according to a government document and three sources. An Indian panel tasked with drafting the regulation in August proposed a new body to decide whether a game involves …

Indian gamers showing strong interest in gaming career: HP India
2 years ago

Indian gamers showing strong interest in gaming career: HP India

The Hindu  

About two-thirds of serious gamers who spend more than eight hours in gaming in a week and participate in online gaming competitions, are looking at exploring gaming as a career option, including becoming a gaming, influencer or a gaming software developer, according to a study undertaken by personal computer maker HP India. The study — ‘HP India Gaming Landscape Study …

India’s gaming market to quadruple by 2027: report
2 years, 1 month ago

India’s gaming market to quadruple by 2027: report

The Hindu  

India’s gaming market reached $2.6 billion and is set to almost quadruple to $8.6 billion by 2027, according to ‘State of India Gaming report FY22’ report by Lumikai, an Interactive Media Venture Capital Fund. “Industry growth is expected to be fueled by a rapidly increasing gamer base, higher conversion to paid users, and increasing sophistication of Indian gamers,” Justin Shriram …

Online Gaming In India: A Look At The Sector's Evolution And Regulation Over The Years
2 years, 2 months ago

Online Gaming In India: A Look At The Sector's Evolution And Regulation Over The Years

ABP News  

New Delhi: India's online gaming industry has seen huge growth in the last few years. Going online is the most convenient way for people to gamble, so with India's growing online population, online gaming has also become more prominent. With the rise of online gaming in India comes risks and this is what some states like Tamil Nadu and Karnataka …

Govt panel recommends regulatory body, new law for online gaming: Report
2 years, 3 months ago

Govt panel recommends regulatory body, new law for online gaming: Report

Hindustan Times  

A recent draft report from a government panel has recommended Centre to tighten the regulatory framework governing online games. The draft report proposes Centre to consider enacting a separate law to regulate online gaming. The report says the Centre should consider enacting a separate law to regulate online gaming as a “long-term measure". The draft report proposes that rules should …

India panel calls for regulatory body, new law for online gaming
2 years, 3 months ago

India panel calls for regulatory body, new law for online gaming

The Hindu  

India should create a regulatory body to classify online games as based on skill or chance, introduce rules to block prohibited formats and take a stricter stance on gambling websites, a Central Government panel said in a report seen by Reuters. In its confidential draft report dated August 31, the panel of government officials calls for creation of a new …

Online Gaming is a Part of the Digital Evolution Reshaping Newer Generations
2 years, 3 months ago

Online Gaming is a Part of the Digital Evolution Reshaping Newer Generations

The Quint  

Studies also suggest that such games are uniquely suited to address forms of literacy development, from teaching reading strategies in the classroom to supporting extracurricular, self-directed literacy improvement. In this light, online gaming has established itself as an important tool for learning about as well as immersing oneself into the digital space, to improve other skills. Not only does the …

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