Mumbai, March 6 (IANS) The Maharashtra government has set an ambitious target to increase the gross income of the industrial sector in the state from $123 billion to $1,500 billion by 2047.Chief Minister Devendra Fadnavis, while presenting the annual Budget for 2026–27, said the state’s new Industry, Investment and Services Policy–2025 proposes to raise the share of the industry sector in the state economy to 30 per cent by 2047.According to the Budget, Maharashtra currently tops the country…
Latest AVGC-XR News & Updates
Bengaluru, Feb 27 (IANS) Karnataka Chief Minister Siddaramaiah on Friday inaugurated the 7th edition of the Bengaluru GAFX – Games, Animation and Visual Effects Conference, themed ‘Evolution Reloaded,’ and asserted that Karnataka is not merely participating in the AVGC-XR (Animation, Visual Effects, Gaming, Comics and Extended Reality) evolution but leading it through sustained policy support, talent development and global partnerships.Addressing the gathering after inaugurating the conference…
New Delhi, Feb 16 (IANS) India’s media and entertainment sector is on a steady expansion path, with revenues projected to grow at around 7 per cent annually till 2027, and the sector’s total size is estimated to rise from Rs 2,502 billion in 2024 to Rs 3,067 billion in 2027, underscoring its role as a durable growth engine within the services economy, according to an official statement issued on Monday.The sector supports over 10 million livelihoods, directly and indirectly, and its annual out…
New Delhi, Jan 30 (IANS) Government’s startup accelerator platform WaveX on Friday said it has invited applications from startups for participation in the ‘India AI Impact Summit 2026’ next month.WaveX will facilitate a dedicated Startup Exhibition Programme, enabling selected startups to showcase their AI-driven products and solutions to a diverse national and international audience.According to IT Ministry, startups operating in the AVGC-XR segment and working on AI-driven products will …