Animation, Visual Effects, Gaming, and Comic (AVGC) sector Taskforce
The Animation, Visual Effects, Gaming, and Comic (AVGC) sector will set up a promotion task force with all stakeholders to recommend ways to employ youth and build domestic capacity for serving Indian markets and the global demand, Finance Minister Nirmala Sitharaman announced in the budget 2022 speech on Tuesday.
“An AVGC promotion task force with all the stakeholders will be set up to recommend ways to realize this and build domestic capacity for serving our markets and the global demand,” Sitharaman said in her speech.
What is the importance of the AVGC Sector?
- Play a Larger Role in Meeting Global Demand:
- It will prepare India to play a larger role in building
- Metaverse, help in catering to the Indian market, and in meeting global demand.
- A metaverse is a network of 3D virtual worlds focused on social connection and it can be defined as a simulated digital environment that uses Augmented Reality (AR), Virtual Reality (VR), and blockchain, along with concepts from social media, to create spaces for rich user interaction mimicking the real world.
- It could also open up new avenues for players and platforms as well as formalise game art education since most in the industry learn experientially.
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