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Business EconomyPosted at: Mar 22 2024 7:45PM


CII President foresees more Jobs in e-sports and game development

Pune Mar 22 (UNI) Amidst a rapidly expanding market, R. Dinesh, President of the Confederation of Indian Industry (CII), highlighted the immense potential for India to forge new pathways in intellectual property, paving the way for the creation of more jobs in e-sports and game development.
Speaking at the culmination of the sixth edition held in Pune from March 14 to 16, 2024, Dinesh emphasised the significance of this burgeoning sector, projecting exponential growth in the years ahead.
He underscored the transformative journey of the video game and e-sports sector, asserting its increasing prominence on both national and international fronts.
This edition marked as the largest in the series to date, had participation from over 70 exhibitors representing 10 countries, with Indonesia making its debut as the guest country.
The show was jointly organised by the Confederation of Indian Industry and the Indian Digital Gaming Society (IDGS) supported by the Ministry of Electronics and Information Technology, Invest India, Startup India and Media Entertainment Skill Council.
In addressing the industry's responsibilities, Chandrajit Banerjee, Director General of CII, stressed the need for a responsible policy framework, encouraging collaboration between global and Indian companies to propel domestic firms onto the global stage.
With the Global Video Game Industry Market estimated at $180 Billion, surpassing the combined revenues of film and media entertainment, and projected to soar to $665 Billion by 2030, India stands poised for significant growth. While currently commanding a market share of under 1%, India's gaming sector holds immense potential for expansion, said a release. UNI SP SSP.
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