Animation, gaming jobs to double by 2012

By siliconindia   |   Tuesday, 29 September 2009, 22:19 IST
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Kolkata: It is boom time in the animation industry, with the employment in this sector expected to double by 2012. According to Nasscom's projections the jobs in the animation industry is set to double from 14,700 now to 29,500 by 2012. Likewise, the gaming industry too will create a huge number of jobs in the next three years, with the projections being 10,700 jobs by 2012 from 2,300 people now. According to Sangeeta Gupta, Vice President of Nasscom, the animation and gaming industry in India has immense scope to grow. Given the financial meltdown, many western countries are actively looking at destinations like India to develop animation content within moderate budgets. The increased interest of Bollywood and the regional cinema industry for animation, has also increased growth. "The Indian animation industry has moved from a pure offshore model to co-production model. While the domestic sector contributed with manpower and infrastructure, international producers helped with marketing and distribution," Sangeeta said to The Economic Times. According to Nasscom, currently, there are around 250 animation companies in the country. By 2012, the number is expected to grow to around 400. The number of gaming companies is also projected double from around 50 now to 100 by 2012. It is estimated that the animation sector could cross $1 billion by 2012 from $492 million in 2008. Similarly, turnover in the gaming industry stood at $167 million in 2008, but is likely to go up to $830 million by 2012. Looking at the potential in the animation space, Nasscom is taking up initiatives to foster this industry. "Nasscom is keen to provide quality training to those, who want to pursue a career in animation. It has already approached the Information Technology Ministry for setting up a formal accreditation board for the animation industry," Sangeeta added.