Mon Oct 28 17:01:11 UTC 2024: Published – October 28, 2024 10:31 pm IST – KOCHIP. Rajeeve, Kerala’s Minister for Industries, on Monday visited Infopark to explore the State’s evolving Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) sector.Infopark has recently launched Kerala’s first premium plug-and-play co-working space tailored to AVGC-XR startups and entrepreneurs.The AVGC-XR industry in India is poised for remarkable growth, with expectations to create 2.3 million direct jobs by 2032—up from 260,000 today—and a projected rise in revenues from $3 billion to $26 billion by 2030, a release here said. “Kerala is committed to being a leader in India’s AVGC-XR revolution, which holds immense potential for job creation and economic development,” the minister said.
In recognition of the AVGC-XR sector’s potential, the Kerala government recently approved a state-specific AVGC-XR policy, which includes plans to establish a Centre of Excellence.Published – October 28, 2024 10:31 pm ISTCopyright© 2024, THG PUBLISHING PVT LTD. or its affiliated companies. All rights reserved.
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