2024-09-18 17:52:28
New Delhi: The Modi government is constantly emphasizing on India moving towards becoming a soft power in the world in the field of cinema, entertainment, gaming and animation. The world of media and entertainment is growing rapidly in the world, looking at the huge employment opportunities in this field, the Modi government is now going to start a National Center of Excellence in the country to strengthen animation and related fields in the country.
The proposal for its formation was approved in the cabinet meeting chaired by PM Modi on Wednesday. Union Minister Ashwini Vaishnav informed the media about this. This Center of Excellence will be dedicated to Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR), which will help India to emerge as a global hub providing cutting-edge media and entertainment content. The government believes that this is going to start a National Center of Excellence in the country. The proposal for its formation was approved in the cabinet meeting chaired by PM Modi on Wednesday. Union Minister Ashwini Vaishnav informed the media about this.
Subsidy of Rs 24475 crore approved for farmers, important decisions taken in the cabinet, know who will benefit
What will be the benefit?
This centre of excellence will be dedicated to animation, visual effects, gaming, comics and extended reality (AVGC-XR), which will help India emerge as a global hub for providing cutting-edge media and entertainment content. The government believes that this will help in promoting the creators economy in the country. The arrival of this centre will increase the possibility of foreign investment in this sector in the country.
It will be built in this city
This center, which will be started with the participation of prestigious organizations like FICCI and CII, will be built in the country’s economic capital Mumbai. In fact, the AVGC-XR sector today plays a very important role in the field of media and entertainment, which includes many other sectors including film production, OTT platforms, gaming, advertising and health, education and other social sectors. It is noteworthy that due to the rapidly developing technology and increasing internet access across the country as well as the cheapest data rates, India is ready to grow rapidly in the field of AVGC-XR today.
The government believes that this center will offer special training and education programs to equip both amateurs and professionals with the latest skills in the latest technology. Not only this, it will also promote research and development related to AVGC-XR. Along with this, this center will also work to bring together experts from various fields like computer science, engineering, design and art on one platform.
It will also work as an incubation centre
In this regard, Information and Broadcasting Minister Vaishnav said that this Center of Excellence will focus extensively on the creation of India’s intellectual property (IP) for both domestic consumption and global reach. This will create content based on India’s rich historical and cultural heritage. At the same time, this center will also work as an incubation center, providing resources for startups and early-stage companies in the AVGC-XR sector.