The Centre for Development of Imaging Technology (C-DIT) has signed a memorandum of understanding with the Indian Institute of Creative Technologies (IICT), Mumbai, with the aim of strengthening Keralam’s animation, visual effects, gaming, comics and extended reality (AVGC-XR) ecosystem. The collaboration will support C-DIT’s plan to establish an AVGC-XR Centre of Excellence in Thiruvananthapuram.
“AVGC-XR is among the fastest-growing segments of the global creative economy. The international industry is valued at around $800 billion and continues to grow at more than 10% annually, while India’s current share remains below 5%. For Keralam, with its strong education base, creative talent, technology capability and digital public infrastructure, the sector opens a major new window of opportunity,” C-DIT said in a statement.
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