Indian Economy News

Tencent bets on India’s creator economy with US$ 1.08 million gaming and animation push

Tencent has announced an investment of over Rs. 10 crore (US$ 1.08 million) in India’s Animation, Visual Effects, Gaming and Comics (AVGC) sector, signalling growing global confidence in the country’s expanding creator economy. The Chinese technology company has signed separate multi-year partnerships with the Services Export Promotion Council (SEPC) and the Game Developers Association of India (GDAI) to strengthen India’s gaming and animation ecosystem. The initiative will focus on skill development, training programmes, mentorship opportunities and industry collaborations aimed at nurturing creators, developers and animation professionals across the country. Tencent stated that the partnerships are intended to create practical growth pathways for Indian talent while supporting innovation in the digital entertainment sector.

The development aligns with India’s broader push towards expanding its “Orange Economy,” which includes industries driven by creativity, digital content and cultural innovation. According to industry estimates highlighted in the report, India’s AVGC sector is expected to require nearly two million professionals by 2030, creating significant employment and export opportunities. Tencent’s collaboration with Indian industry bodies is also expected to help local studios and gaming firms access international markets and global networks. The company noted that its investment goes beyond funding and aims to build long-term partnerships that can accelerate the growth of India’s creative technology ecosystem. The move further reflects rising international interest in India’s fast-growing gaming, animation and creator-led digital economy.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.