The Karnataka government opens the AVGC Center of Excellence in Bengluru.
The state government on Thursday announced an animation, visual effects, gaming, and comics (AVGC) center of excellence, promoting it as a cutting-edge high-tech digital media powerhouse. According to IT/BT Minister C N Ashwath Narayan, the AVGC center at Mahadevapura is an initiative of Innovate Karnataka, a state-funded programme.
In 2012, Karnataka became the first Indian state to implement an AVGC policy. According to the administration, the state currently has the country’s first and largest such center, which is also touted to be the largest in Asia. “This center promotes digital innovation in the creative industry.” India now has roughly 10% of the worldwide AVGC market, with the potential to grow to 20% to 25% by 2027. Karnataka has been leading the way in terms of economic growth.
In a year’s time, the government will release a new AVGC policy, and space will be set aside for a special ‘Digital Media Entertainment Area.’ Karnataka accounts for 20% of India’s entertainment and AVGC business, according to Additional Chief Secretary (IT/BT) E V Ramana Reddy.
