Karnataka government to float Rs 20-crore fund for AVGC-XR sector

The Deccan Herald reports that the Karnataka government plans to establish a Rs 20-crore fund dedicated to the animation, VFX, gaming, comics, and extended reality sector. This initiative aims to support and accelerate growth in the state's AVGC-XR industry, providing financial resources for studios and companies operating within these creative domains. The fund represents a significant policy move to strengthen Karnataka's position as a hub for digital content creation and immersive technologies in India.

Reported by Deccan Herald. This is a wire brief — read the full story here.