Technicolor India shuts down, affecting over 3,000 employees

India Today reports that Technicolor India has shut down operations, impacting more than 3,000 employees. The closure represents a significant development for India's VFX sector, where the company was a notable player in visual effects and post-production services. The shutdown raises concerns about employment and capacity in the country's animation and VFX industry.

Reported by India Today. This is a wire brief — read the full story here.