Tencent Invests Over ₹10 Crore to Boost India's Gaming and AVGC Sector
Tencent commits over ₹10 crore towards gaming and AVGC programs in India
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Tencent, the Chinese technology giant, is investing over ₹10 crore (approximately $1.2 million USD) in India's gaming and AVGC (Animation, Visual Effects, Gaming, and Comics) sector. This investment includes collaborations with the Services Export Promotion Council and the Game Developers Association of India to enhance curriculum development, industry training, and mentorship over the next three years.
- 01Tencent has signed two memoranda of understanding (MoUs) with SEPC and GDAI to enhance India's gaming ecosystem.
- 02The MoU with SEPC aims to position India as a global hub for services exports in the AVGC sector.
- 03The collaboration with GDAI will focus on grassroots developer engagement, targeting over 10,000 students annually through initiatives like the National Game Jam.
- 04Tencent plans to implement Train-the-Trainer programs to educate college instructors in gaming and AVGC disciplines.
- 05The partnership will also explore additional opportunities with local institutions for internships and professional exposure.
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Tencent, a leading Chinese technology company, is committing over ₹10 crore (approximately $1.2 million USD) to enhance India's burgeoning gaming and AVGC (Animation, Visual Effects, Gaming, and Comics) sector. The company has signed two memoranda of understanding (MoUs) with the Services Export Promotion Council (SEPC) and the Game Developers Association of India (GDAI) to bolster the ecosystem. The MoU with SEPC focuses on strengthening India's position as a global hub for services exports in the AVGC field. Over a three-year period, Tencent will work with SEPC to enhance national capacity, facilitate industry dialogue, and assist Indian AVGC companies in integrating into international value chains. Meanwhile, the collaboration with GDAI aims to develop India's gaming talent pipeline through grassroots initiatives, including a National Game Jam that targets over 10,000 students each year. Additionally, Tencent will implement Train-the-Trainer programs to equip educators in colleges with the necessary skills. The company also plans to explore partnerships with local institutions to further enrich the AVGC ecosystem through internships and knowledge exchange, aiming to create structured pathways for aspiring developers and creators.
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This investment is expected to significantly enhance the skills and opportunities available to aspiring game developers and creators in India, potentially leading to increased job opportunities in the AVGC sector.
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