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INDIA'S ANIMATION AND VFX INDUSTRY PROJECTED TO HIT USD 2.2 BILLION BY 2026: REPORT
The Business Guardian
|August 22, 2024
India’s Animation and VFX segment is expected to surge from USD 1.3 billion in 2023 to USD 2.2 billion by 2026
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India's Animation and VFX segment is expected to surge from USD 1.3 billion in 2023 to USD 2.2 billion by 2026, according to a CII GT report released on Wednesday.
This will increase the share of the Animation and VFX segment India's Animation and VFX segment to reach at USD 2.2 billion by 2026: reportin the media and entertainment (M&E) industry from 5 per cent to 6 per cent during the same period, the report added which was released by Information and Broadcasting secretary, Sanjay Jaju on Wednesday.
Currently, the AVGCXR sector accounts for approximately 20 per cent of India's media and entertainment (M&E) industry and is poised for further expansion, as per the CII GT report.
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