Animation industry in India is estimated to grow $1,163 million by 2012 as per a report by NASSCOM

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Ø India is fast going up the animation-outsourcing ladder.
Ø India is expected to position itself as number one in the animation market riding high on its talent potential and quality work it offers the global market.
Ø The animation industry in India was estimated to be at $460 million in 2008 and set to grow at a CAGR of 27 per cent to reach $1,163 million by 2012 as per a report by NASSCOM.
Ø As per the report by NASSCOM and Ernst & Young, the market has been defined as animation entertainment ($120 million), animation education ($53 million) and custom content development ($187 million) and multimedia/web design ($ 100million).
Ø The education segment is projected to have the maximum growth rate at about 40 per cent per annum.
Ø This growth is opening new avenues for the professionals in animations.

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