Hyderabad, November 17, 2021: IndiaJoy 2021, Asia's largest digital entertainment festival themed “Virtual is Reality opened here yesterday with MoU Signing between the Govt of Telangana and the Mobile Premier League.
Under the MoU signed, the government of Telangana will allot 500 seats for Mobile Premier League in Image Towers with an understanding from MPL to share technology know-how and hire local talent. The MoU was exchanged between Jayesh Ranjan is Principal Secretary Information Technology (IT) Department of the Telangana government and Sai Srinivas Kiran, Co-Founder and CEO of Mobile Premier League.
Said KT Rama Rao, IT Minister, Government of Telangana: “I amconfident that this will become a signature event for the image industry and then build a strong reputation as an aggregator of different domain events that used to take place separately.”
The Minister further said, Hyderabad based gaming companies have also made the best of the new market opportunities created during the pandemic. 45 companies have chosen Hyderabad as their destination in the gaming sector in the last two years making the total 80 getting companies.
A recent study has shown that India's active Internet user base is expected to reach 900 million by 2025, a 45% increase since the last year. The image sector itself is growing at 9. Percent and is expected to reach rupees three lack growth or 44 billion U.S. dollars.
Telangana VFX, Animation and Gaming Association (TVAGA) President Rajiv Chilaka in his address said: “The pandemic has given us an opportunity to create IndiaJoy 2021 and bring the tech community together on a wider, far impacting stage, with a click of a button. IndiaJoy this year highlights ‘Virtual is a Reality”, and the foundation of this biggest digital entertainment festival – innovation, networking, collaboration – remains ever strong and robust.” Rajiv said.
Biren Ghose Chairman CII National Committee for AVGC & Country Head - Technicolor India, in his keynote address said “Telangana has shown strong strategic intent in partnering industry and academia with enabling policy and infrastructure support to take the games, VFX and animation industries to new levels of performance. IndiaJoy is the forum that celebrates the milestones and acts as a torchbearer for the state. Connections & collaborations are what I hope to see flourish at this year’s event.”
IndiaJoy is an amalgamation of world-leading digital entertainment technologies that brings the best of VFX, Animation, OTT, Games, Movies, TV, Comics, Animation, and Culture from the world.
The 4-day event which opened in a physical event will feature talks, workshops, a keynote from the field of VFX, Desi Toons and OTT Pulse on l following days in a virtual format.