
India's AVGC Share in $800 Billion Global Market Growing
AI, immersive tech, and digital platforms are accelerating India's rise up the AVGC value chain. India's share of the $800 billion global AVGC-XR market could grow 2.2 times to reach 1.5%.

AI, immersive tech, and digital platforms are accelerating India's rise up the AVGC value chain. India's share of the $800 billion global AVGC-XR market could grow 2.2 times to reach 1.5%.

IICT Mumbai, operational since July 2025, has launched 18 courses through its Train-the-Trainer programme, marking Maharashtra's most direct intervention in building an AVGC workforc

India’s AVGC-XR ecosystem is steadily becoming more global, and the five-year partnership with the University of York, United Kingdom, highlights the growing importance of international collaboration in creative technology education and innovation.

India’s AVGC-XR ecosystem is evolving into a powerful national platform connecting talent, technology, startups, and global industry partnerships. The focus is now shifting toward building a future-ready creative economy powered by animation, VFX, gaming, comics, XR, and immersive storytelling.

Comic Con India’s partnership with the Indian Institute of Creative Technologies (IICT) marks an exciting step forward for India’s growing comics, pop culture, gaming, and creator ecosystem. Through the newly signed MoU, Comic Con India will collaborate with IICT on student engagement programs, original IP development, masterclasses, hackathons, internships, and student showcases at Comic Con events across the country.

India’s AVGC-XR industry is getting a major push as Netflix India partners with the Indian Institute of Creative Technologies (IICT) and FICCI to support the next generation of animation, VFX, gaming, comics, and XR talent.

India is making a serious play for the future of creative technology with the launch of the Indian Institute of Creative Technologies (IICT), now positioned as the country’s National Centre of Excellence for AVGC-XR — Animation, VFX, Gaming, Comics and Extended Reality. Based in Mumbai, IICT is expected to become the driving force behind India’s next generation of digital storytelling, immersive media, and entertainment innovation.

Discover the implications of the significant year-on-year budget reduction in the broadcast segment and what it could mean for future content and production.

The inaugural World Audio Visual & Entertainment Summit (WAVES 2025) in Mumbai wasn't just another industry conference—it was a defining moment for India's creative economy. Held from May 1-4, 2025, at the Jio World Convention Centre, the summit brought together over 10,000 delegates from 90+ countries, marking India's bold declaration to become a global media and entertainment powerhouse. The event generated Rs 1,328 crores in business deals and established India as a serious player in the global creative landscape.