New Delhi: All India Gaming Federation (AIGF) has said that with the growing trend of e-sports and e-gaming, there is a need for strong policy framework and creation of digital infrastructure to boost the sector. The industry body said in a statement that e-sports and e-gaming under the umbrella of the digital economy are going to play an important role in the Indian economy.
Citing a recent study, it said that the Indian gaming market is poised to reach USD 6-7 billion by 2025 from USD 1.8 billion currently. A push by the state governments will act as a catalyst for the growth and development of this nascent sector, the federation said, adding that the states need to take a proactive approach by framing appropriate guidelines in this regard as some high courts have taken this step. has been cancelled. To ban online gaming. “There are over 200 million e-gamers in India playing on over 200 platforms. Under the umbrella of the growth of the digital economy, e-sports and e-gaming are going to play an important role in the Indian economy.
PK Mishra, President, All India Gaming Federation said, “To encourage this, the e-gaming industry needs strong policy framework and digital infrastructure towards becoming a global leader.” Not only in India, it said, the popularity of e-sports and its players is gaining recognition internationally. There will be an official medal category as one of the 37 sports. said.
Sai Srinivas, Co-Founder and CEO, Mobile Premier League, said, “We continue to expand our footprint in various states across India and now India is also one of the leading global markets globally. MPL recently acquired Berlin-based game studio GameDuel. The Karnataka High Court’s recent decision to lift the ban on gaming in the state follows other affirmative judgments delivered by the High Courts of Punjab and Haryana, Rajasthan and Bombay, which recognized fantasy sports as a game of skill and Article A lawful business activity protected under 19 (1) (g) of the Constitution of India.
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In recent years, the federation said, e-gaming has become mired in a web, with some states viewing it as a game of chance rather than skill. Now with the Karnataka High Court ruling bringing more clarity, boost from several states and a renewed focus on e-gaming, things certainly look better on several fronts – e-gaming, e-sports promotion Giving, creating jobs, fostering startups and accelerating innovation, among others, it noted.
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