MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

India’s Animation and VFX sector sees a boost in the international market

India’s Animation and VFX sector sees a boost in the international market

India's animation and VFX sector has doubled up in the past four years. The sector is gaining a lot of popularity and is globally recognized due to its creativity and content-oriented shows. Various reasons are provided for this growth, some universal, some specific to India. The report cites growing demand from over-the-top (i.e., streaming) services, noting the success story that is Mighty Little Bheem, Netflix's first animated series from India.

There is also a growing market for animated spin-offs from Bollywood franchises, such as the upcoming Dabangg (image at top) from Cosmos-Maya and Arbaaz Khan Productions. As for VFX, there is rising demand from both Bollywood and international producers. In both animation and VFX, the report also observes that overseas clients are starting to shift their outsourcing away from China due to "prevailing anti-China sentiment."

All these moves could benefit Indian service studios. Growth, of course, has come to a juddering halt this year. The recent report also suggests that the animation and VFX industries will grow big and more than halve in size in FY2021, plummeting to 49 billion rupees, a sharper fall than in any other segment bar films.

YOU MAY ALSO LIKE

Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...

RECOMMENDED