Content Push: Cabinet Approves Setting Up Of National Centre Of Excellence For AVGC-XR

Content Push: Cabinet Approves Setting Up Of National Centre Of Excellence For AVGC-XR

SUMMARY

The NCoE will be set up in Mumbai and offer training-cum-learning programmes in AVGC-XR technologies.

It will also function as an incubation centre and accelerator by providing resources for nurturing startups and early-stage companies in the AVGC-XR field

The announcement is in line with the Centre’s focus on promoting India’s AVGC sector to increase the country’s share in the global market

The union cabinet has approved the establishment of a National Centre of Excellence (NCoE) for animation, visual effects, gaming, comics, and extended reality (AVGC-XR) with an eye on creating IPs for domestic consumption and global outreach.

In a statement, the government said that the NCoE will be set up as a non-profit company, with the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Confederation of Indian Industry (CII) representing the industry bodies as partners along with the Indian government.

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