As per the recent report by PricewaterhouseCooopers (PwC), Indians are likely to spend more on entertainment in the coming years with a steady growth in their disposable income. And as per the combined survey report by KMPG and FICCI, the entertainment industry in India is expected to expand by 12.5% every year and is likely to reach US$ 20.09 billion by the year 2013.
India is fast emerging as an ideal hub for graphics industries such as graphic designing and animation. With the emergence of hi-tech games incorporating 3D effects, companies like Intel and Advanced Micro Devices (AMD) are revising their marketing strategies in India to expand their operations in computing sector. By 2013, the Indian animation industry is likely to grow from the present US$ 362 million to US$ 811.2 million, as per the combined FICCI-KPMG report.
Digital firms like Reliance MediaWorks have signed joint venture with In-Three for transformation of 2D movies and videos into 3D and Tata Teleservices has launched India's first mobile television - Photon TV with high accessibility broadband services through which users can avail channels on laptops as well as desktops.
About FICCI Frames:
FICCI Frames is a three day global convention covering the entire gamut of Media & Entertainment like Films, Broadcast (TV & Radio), Digital Entertainment, Animation, Gaming, Visual Effects etc.
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