The Union Cabinet has recently approved the establishment of a National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics, and Extended Reality (AVGC-XR) in Mumbai to boost the economy while creating new job opportunities in the rapidly growing AVGC sector. The centre aims to revolutionize the AVGC sector and foster innovation in immersive technologies.
Provisionally named the Indian Institute for Immersive Creators (IIIC), the NCoE will be modeled after renowned institutions like the Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs).
The Ministry of Information & Broadcasting has informed that the NCoE will be set up as a Section 8 Company under the Companies Act, 2013 in India with Federation of Indian Chambers of Commerce & Industry and Confederation of Indian Industry representing the industry bodies as partners with the Government of India. The centre aims at creating a world class talent pool in India to cater to the Indian as well as global entertainment industry.
The Ministry stated that India’s animation sector is witnessing remarkable growth, driven by increasing demand for films, visual effects (VFX), gaming animation and engaging mobile content. This surge presents exciting opportunities for skilled and enthusiastic animators. Boasting a growth rate of 25% and an estimated value of ₹46 billion by 2023 (FICCI-EY Report 2023), the animation industry in India is thriving and offers a promising future for passionate young talent.
With rapidly evolving technology and increasing internet penetration all across the country, coupled with one of the cheapest data rates, the usage of AVGC-XR globally is poised to grow at an exponential pace. This creates abundant opportunities, particularly through the National Centre of Excellence (NCoE).
6 key things to know about NCoE
– Films like RRR, Baahubali, The Lion King and Avatar have demonstrated the immense potential of animation and immersive technology! India’s Animation, Visual Effects, Gaming and Comics (AVGC) sector is poised for explosive growth, with vast opportunities for employment and innovation.
– Immersive technologies create lifelike, interactive experiences. This includes Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR) and 3D modeling & animation. Whether you’re a 3D animator, VR/AR creator, game developer or comic artist – this is your playground.
– The NCoE is your gateway to mastering immersive tech. The National Centre of Excellence will offer cutting-edge training and integrate India’s rich cultural heritage with modern technology, fostering the creation of indigenous intellectual property (IP) and building the future of India’s digital creative economy.
– With an estimate to generate 5,00,000 jobs, the NCoE is modeled after premier institutions like IITs and IIMs. The center will provide world-class infrastructure, state-of-the-art technology and specialized skills to build a strong talent pool.
– Hands-on learning and career pathways. Students will gain practical experience through industry-driven courses, ensuring they are job-ready upon graduation. Students will also have access to internships, mentorships for aspiring startups, and a curriculum focused on content creation – for India, for the world!
– Collaboration and innovation. By fostering partnerships between the central and state governments, academia, and industry, the NCoE will create a dynamic ecosystem for research, development, and innovation in immersive technologies. This is where India’s next-gen creators will thrive.
