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.
via India Today
The Press Information Bureau reports that GAFX-2025 in Bengaluru conducted sessions covering diverse AVGC (Animation, VFX, Gaming, Comics, XR) sectors today. The event showcased industry developments across multiple creative verticals, bringing together professionals and stakeholders from India's growing animation, visual effects, gaming, comics, and extended reality sectors to discuss trends and opportunities in these fields.
via PIB
KNN India reports that Bengaluru is driving India's gaming sector expansion within the broader AVGC-XR (animation, VFX, gaming, comics, extended reality) industry. The report highlights the city's growing prominence as a hub for gaming development and digital content creation, reflecting increased investment and talent concentration in the region. This growth signals strengthening infrastructure and opportunity within India's animation, visual effects, gaming, and extended reality segments.
via KNN India
The New Indian Express reports that Karnataka plans to establish the country's first dedicated AVGC-XR Park. The initiative aims to support animation, visual effects, gaming, comics, and extended reality sectors within the state. This development is expected to strengthen Karnataka's position as a hub for creative industries and attract studios and talent in India's growing digital content ecosystem.
via The New Indian Express