"ANIMATIONS"

[manimarank]

Animation industry to grow at 27% CAGR: NASSCOM

Indian Animation industry would see growth at the rate of 27% CAGR in the coming years. The animation industry can cross $1163 million mark by 2012. It is forecasted in a report titled 'NASSCOM Animation and Gaming India 2008' by the industry body NASSCOM. It is specially included with a session on 'Super Pitch' to show its commitment for further development of Indian animation industry.

Animation industry includes entertainment, education, custom content development and multimedia/web design. Education sector would record highest growth rate at about 40 per cent per annum. Gaming industry is expected to value at $1,060 million by 2012 at a CAGR of 50 per cent. It currently stands at Rs 996.4 crore.

NASSCOM president, Som Mittal said that India would soon become hub of animation and gaming industry. It has already surpassed its counterparts by delivering projects of international standards. The country maintains highly skilled staff, growing maturity of animation studios, number of co-production ventures, intellectual property, growing consumer demand and cost attractiveness.

[sakunthala]

now a days most of the film are animation graphics with high level
this should have high level of business in animation