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Indian government considers expanding incentives to gaming device makers: Report

With Indian gaming companies growing in size, the government wants to leverage the trend with production-linked incentives.

Video games gaming cmn

"Gaming is going to be immersive in nature as AR/VR content is going to increase due to innovation.  The government is coming up with a broader scheme to support them with incentives," the Ministry of Electronics and Information Technology (MeitY) joint secretary Saurabh Gaur said at an online discussion organised by the Internet and Mobile Association of India (IAMAI), according to a report by the Press Trust of India.  "We would like to see games getting developed for the Indian audience, something that promotes our culture," MeitY Joint Secretary Gaur was quoted as saying.  Gaur informed viewers that MeitY was collaborating with the I&B ministry and the culture ministry to develop the gaming ecosystem in India, the report added.  Indian gaming is expected to generate $3.9 billion in revenue by 2025, according to an IAMAI-Redseer report released at the virtual…

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I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

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