'Made In India' Games A Big Growth Opportunity: AMD
PANAJI: In sync with Prime Minister Narendra Modi’s ‘Make in India’ mantra, global chip maker AMD today said games developed in the country can play an important role in the growth of the nascent gaming industry.
“The entire focus on self dependence is welcome. Gaming industry here is small but culture can be a huge opportunity.
Games inspired by the rich cultural heritage here can play an important role in the growth of the nascent gaming industry in India,” AMD chief gaming scientist Richard Huddy told PTI.
He added that such games will be popular in India as they will appeal to the Indian audiences.
Under ‘Make in India’ campaign, Modi has called for making India a manufacturing hub. The move is expected to help boost growth as well as create new jobs, especially in the small and medium enterprises.
The gaming market in the country is in a nascent stage.
According to a KPMG—FICCI study, the domestic gaming industry was estimated at about 1,920 crore in 2013 and is expected to grow at a CAGR of 16 per cent and touch 4,060 crore by the end of 2018.
The console gaming market in India is currently estimated at 840 billion. The study estimates serious gamers to comprise 15—20 per cent of the total gaming universe in the country.
Also Read: India's Mission To Mars: Most Revolutionary Pieces Of Technology Used