April 10 2022: The Animation, Visual Effects, Gaming and Comic (AVGC) sector in India has the potential to become the torch bearer of “Create in India” & “Brand India”. India has the potential to capture 5% (~$40 billion) of the global market share by the year 2025, with an annual growth of around 25-30% and creating over 1,60,000 new jobs annually, suggests the government.
To further unleash the scope of AVGC sector, an announcement was made in the Union Budget 2022-23 for setting up an Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force to recommend ways to realise and build domestic capacity for serving our markets and the global demand.
As a follow up to this decision, an Animation, Visual Effects, Gaming and Comics (AVGC) Promotion Task Force has been constituted to promote the AVGC sector in the country under the aegis of Ministry of Information and Broadcasting.
A government release last week says the AVGC Promotion Task Force  will  headed by Secretary, Ministry of Information & Broadcasting and will have Secretaries of the Ministry of Skill Development and Entrepreneurship; the department of Higher Education, the   Ministry of Education; the Ministry of Electronics and Information Technology and the department for Promotion of Industry and Internal Trade as members.
It will also include industry representatives:Biren Ghosh, Country Head, Technicolor India; Ashish Kulkarni, Founder, Punaryug Artvision Pvt. Ltd.;Jesh Krishna Murthy, Founder and CEO Anibrain; Keitan Yadav, COO and VFX Producer, Redchillies VFX; Chaitanya Chinchlikar, Chief Technology Officer, Whistling Woods International; Kishore Kichili, Sr. Vice President and Country Head, Zynga India andNeeraj Roy, Managing Director and CEO of Hungama Digital Media Entertainment.
The AVGC Promotion Task Force also includes State Governments of Karnataka, Maharashtra, Telangana; heads of education bodies such as All India Council of Technical Education, National Council of Educational Research and Training  and  representatives of industry bodies-MESC, FICCI and CII.
The Terms of Reference of the Task Force include the following:
(i)  Framing of a national AVGC policy,
(ii) Recommend national curriculum framework for Graduation, Post-Graduation and Doctoral courses in AVGC related sectors,
(iii) Facilitate skilling initiatives in collaboration with academic institutions, vocational training centers & Industry,
(iv) Boost employment opportunities,
(v) Facilitate promotion and market development activities to extend global reach of Indian AVGC Industry,
(vi) Enhance exports and recommend incentives to attract FDI in AVGC sector. 
The AVGC Promotion Task Force will submit its first action plan within 90 days. ( Source )