Karnataka was the archetypal State to realise the immense maturation imaginable of the Orange Economy, marque a superior foray into it and present the country’s maiden dedicated Animation, Visual Effects, Gaming, and Comics (AVGC) Policy mode backmost in 2012, good implicit a decennary earlier the Prime Minister oregon the Finance Minister mentioned it, stated Priyank Kharge, Minister for IT-BT, connected February 2.
Orange Economy refers to originative industries specified arsenic culture, arts, animation, gaming, peculiar effects, film, music, design, fashion, integer contented and different elements of brushed powerfulness that foster innovation to make an economical ecosystem driven by creativity, civilization and intelligence property.
Long earlier it became wide known, Karnataka had generated thousands of high-end jobs astir Orange Economy, housed implicit 300 AVGC-XR (extended reality) studios that worked for respective Hollywood movies, and besides acceptable up a world-class Centre of Excellence that offered 20% to 50% inputs to astir Oscar-winning movies released globally, said the Minister.
Policy successful place
“If anyone truly understood the employment scope and economical imaginable of the Orange Economy, it was Karnataka. Not now, respective years ago, that too, we were acceptable with an AVGC argumentation implicit a decennary ago,’’ helium said.
According to Mr. Kharge, the planetary creativity system is pegged astatine $2 trillion, portion India’s Orange Economy imaginable (addressable market) is $35 cardinal currently, indicating a immense economical opportunity.
India recorded a maturation of implicit 20% successful its AVGC assemblage successful 2024, implicit the erstwhile year, with the country’s AVGC export worth touching $11 cardinal (excluding IT services exports). Interestingly, Karnataka, which presently employs implicit 15,000 AVGC professionals, had a stock of implicit 50% successful the country’s full AVGC exports past year.
“Backed by Bengaluru’s heavy endowment excavation successful integer content, gaming, VFX, XR, AI and real-time technologies, the State is targeting an ambitious maturation successful the sector, including creating implicit 50,000 jobs by the extremity of 2028,’’ Mr. Kharge added.
Event successful city
Earlier, the Minister announced Bengaluru GAFX 2026, the 7th variation of Asia’s largest AVGC exposition scheduled to beryllium held successful the metropolis betwixt February 27 and March 1.
Themed ‘Evolution Reloaded’, GAFX 2026 volition bring unneurotic contented creators, studios, technologists, artists, investors and manufacture leaders from planetary media and amusement sectors.
Speaking connected the occasion, Biren Ghose, AVGC adept and President, ABAI (the Association of Bangalore Animation Industry) said, Karnataka has the close policies to substance the Orange Economy. “The aboriginal of storytelling belongs to humans who tin bid caller intelligence, including AI,’’ said Mr. Ghose.

5 months ago
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