KAVGC Summit to Give Boost to Digital Content Business Opportunities
August 21, 2013 - Bangalore, Karnataka, India
Biren Ghose, President, ABAI and Country Head, Technicolor India, announced the event and added, "The 2013 edition of the ABAI Karnataka AVGC Summit is meant to provide new direction to in professionals and companies highlighting growth and opportunity areas. It will showcase our engagement with the academia, government and industry and highlight the policy execution we have enabled as well as the roadmap for the next year.”
The AVGC sector forms a significant portion of the fast growing Digital Content industry. This segment in India was pegged at USD 685 million in 2011 by Deloitte and NASSCOM, growing at 18-20% CAGR. In recent years, the Government of Karnataka has been spearheading initiatives to develop the sector including the launch of the Karnataka AVGC Policy in 2012.Entrepreneurs in the sector cross significant hurdles in tackling the global collaborative nature of the business as well as the high skill and technology requirements, which the Policy aims to address over the coming years.
According to ISN Prasad, Principal Secretary to Government Department of IT,BT and S&T, Government of Karnataka ISN Prasad, Principal Secretary IT BT and S&T said: "Karnataka will continue to lead the animation, visual effects, gaming and comics (AVGC) growth in India. We have partnered with a cross section of the digital content industries through ABAI. This summit showcases the support and resources we have sponsored through multiple initiatives to develop the eco system using technology and this includes tier 2 towns. In our vision, Karnataka will be the prime provider of high-level skill sets taking this industry to the next level. In this summit we will continue to seek consensus and thought leadership and help ABAI achieve its mandate to implement India's 1st AVGC policy."
The event will have a global footprint. Prominent business and trade speakers from UK, Malaysia, Canada and also business leaders from India are scheduled to speak and interact with the audience. Diverse aspects will be covered like IP creation, broadcast, production, and technology. Panelist Sean Feeney, Executive Producer, Animation, Prime Focus World, said “With constant demand for full CG content from Hollywood and the TV studios, with a mass of experienced artists, Indian studios if properly managed and directed are perfectly placed to access this work. So I am very excited to talk at ABAI Summit in Bangalore on this subject, and to meet the people who are at the core of the business.” According to AR Seshaprasad, Head of Digital Production, Rhythm & Hues (Asia), “ABAI Summit is a great platform for entrepreneurs and artists to interact and get insights from Industry veterans . People have an opportunity to be exposed to some of the cutting edge technologies and processes. ABAI has been doing a commendable job in engaging the local government for the betterment of the Animation community."
Along with keynote speeches and expert panels, the Summit will host Clinics where managers and entrepreneurs can get expert guidance on legal, business, creative and technical matters. Over 400 people from all over India attended the 2012 version of the Summit. On the purpose of an annual Summit, Jai Natarajan, Executive Committee Member ABAI and CEO, Xentrix Studios Bangalore, said “Each year, the Summit has provided the right forum for the sector to discuss and develop the complex and highly collaborative business of AVGC. We are keen to create the hub for this in Karnataka while supporting holistic development of the entire sector in India for the industry to reach its true potential. “Arul Moorthy, MD, Davinci Media College Chennai, a regular attendee, echoed, “The Summit really helps me to interact with the top notch technical gurus, such as industry experts and technology developers. In depth sessions covering various aspects of Animation, VFX and Post Production industry help one to get fresh insights of what is to come in near future. I travel from Chennai each year for this.”
Interested participants may contact ABAI via http://abai.in/kavgc-summit/ or register on the spot at the event.
Source: Business Wire India