CII President Foresees more Jobs in Esports and Game Development

Pune  Amidst a rapidly expanding market, Mr. R. Dinesh, President of the Confederation of Indian Industry (CII), highlighted the immense potential for India to forge new pathways in intellectual property, paving the way for the creation of more jobs in esports and game development. Speaking at the culmination of the 6th edition held in Pune from March 14 to 16, 2024, Dinesh emphasized the significance of this burgeoning sector, projecting exponential growth in the years ahead. He underscored the transformative journey of the video game and Esports sector, asserting its increasing prominence on both national and international fronts.

  • Mr. Rajan Navani, President Indian Digital Gaming Society (IDGS), emphasized Pune’s potential to harness its IT talent pool, fostering indigenous content creation and contributing to the sector’s global prominence.

This edition, marked as the largest in the series to date, boasted participation from over 70 exhibitors representing 10 countries, with Indonesia making its debut as the Guest Country. The Show was jointly organized by the Confederation of Indian Industry and Indian Digital Gaming Society (IDGS) supported by the Ministry of Electronics and Information Technology, Invest India, Startup India and Media Entertainment Skill Council.

In addressing the industry’s responsibilities, Mr. Chandrajit Banerjee, Director General of CII, stressed the need for a responsible policy framework, encouraging collaboration between global and Indian companies to propel domestic firms onto the global stage.

With the Global Video Game Industry Market estimated at $180 Billion, surpassing the combined revenues of film and media entertainment, and projected to soar to $665 Billion by 2030, India stands poised for significant growth. While currently commanding a market share of under 1%, India’s gaming sector holds immense potential for expansion.

Highlighting Pune’s emergence as a burgeoning hub for the gaming industry, Mr. Rajan Navani, President, Indian Digital Gaming Society (IDGS), noted the city’s burgeoning IT talent pool and its potential to nurture content creators and businesses leveraging creative industries. Navani envisaged leveraging platforms like Pune to infuse indigenous content with a distinct ‘Bharat’ essence, accelerating the sector’s growth and adoption of immersive technologies such as AR and VR.