The Indian gaming industry's rise, as detailed in Rewari Yasat https://www.rewariyasat.com/kk/the-rise-of-the-indian-gaming-industry-415995 is remarkable, with a USD 3.49 billion market in 2024 projected to reach USD 7.24 billion by 2029. Smartphone adoption and esports drive this growth, while localized games like Ludo King resonate culturally. However, the 28% GST on gaming fees threatens indie developers and casual gamers, risking innovation. Job creation (250,000 by 2025) is promising, but sustainability is uncertain without skilled roles. To rival global esports hubs, India must improve infrastructure and balance regulation with support for creativity.
8 Views
The job creation potential is great, but India needs to invest in infrastructure and ensure balanced regulation to foster creativity and compete with global esports hubs.