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Square Enix shutting down Indian operations

Japanese gaming giant Square Enix has closed their office in India and laid off all six employees it had here, reports MCVIndia. The company had selected 10 Indian studios it wanted to work with on games after organising a contest. Most of these studios were dropped later on and the first game made by an Indian developer and published by Square Enix, was expected to come out in 2014. At least that's what the company told Medianama when we spoke to Square Enix Chairman Yoichi Wada in November last year. This report however claims that none of the games were given the go-ahead by the company. It is rumoured that, Square Enix will close down similar venture it has in Latin America as well, and multiple greenlit projects will be cancelled. According to MCV, the shut down was partly due to the frequent changes in management. It is also worth noting that 2013 was disastrous year for the company financially and it seems to have bounced back this year only due to the success of its traditional JRPG games such as Final Fantasy. The company had recently announced that it will focus more on such games instead of western-oriented AAA titles. It is possible that the company is following the same policy on mobile too, with a focus on traditional markets such as Japan and the west where APRUs are high, rather than emerging markets. How it all began: The idea of setting up offices in developing markets to make Square Enix a bigger publisher of…

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