{"id":16276,"date":"2024-11-26T19:00:00","date_gmt":"2024-11-26T13:30:00","guid":{"rendered":"https:\/\/asiannewsservice.in\/en\/?p=16276"},"modified":"2024-12-01T20:57:23","modified_gmt":"2024-12-01T15:27:23","slug":"dpiit-signs-mou-for-two-years-with-winzo-to-support-over-2000-interactive-entertainment-startups","status":"publish","type":"post","link":"https:\/\/asiannewsservice.in\/en\/dpiit-signs-mou-for-two-years-with-winzo-to-support-over-2000-interactive-entertainment-startups\/","title":{"rendered":"DPIIT signs MoU for two years with WinZO to support over 2,000 interactive entertainment startups"},"content":{"rendered":"\n

Move in line with increasing India\u2019s global share in the $300 billion global gaming market<\/strong><\/p>\n\n\n\n

MoU to focus on bridging talent gap in the sector by training professionals in coding, animation, game design<\/strong><\/p>\n\n\n\n

Delhi, Nov 26
In a major thrust to redefine India\u2019s enviable position in the global gaming industry, the Department for Promotion of Industry and Internal Trade (DPIIT) signed a Memorandum of Understanding (MoU) with WinZO, India\u2019s largest social gaming and interactive entertainment platform.This first-of-its-kind collaboration will focus on building a robust ecosystem of over 2,000 startups, innovators, and students, providing them with mentorship, industry insights, and access to global opportunities. By aligning with Prime Minister Narendra Modi\u2019s vision of an Atmanirbhar Bharat in gaming and technology, this initiative will go a long way to establish India as a global leader in interactive entertainment, capturing a significant share of the $300 billion global gaming market.<\/p>\n\n\n\n

Joint Secretary, DPIIT,Shri Sanjiv Singh said that the MoU focuses on bridging the talent gap in the sector by equipping professionals with cutting-edge skills in coding, animation, game design, and development.According to a recent USISPF report, India\u2019s interactive entertainment sector is projected to grow to $60 billion by 2034, creating over 2 million jobs. The DPIIT-WinZO partnership is designed to harness this potential by nurturing startups through hackathons, workshops, accelerator programs, and curated pitch events.The Memorandum of Understanding (MoU) spanning over two years also aims to accelerate the growth of India\u2019s interactive entertainment sector by fostering innovation, creating skilled talent, and scaling startups to compete on a global stage.<\/p>\n\n\n\n

Besides, the essence of this collaboration is the establishment of a Center of Excellence (CoE) by WinZO, in sync with DPIIT. The CoE will serve as a launchpad for startups and entrepreneurs, focusing on critical aspects such as building a skilled, industry-ready workforce, innovating monetization strategies for Indian gaming assets, developing \u2018Made in India\u2019 intellectual property for global markets of world-class quality, attracting foreign direct investment (FDI) and driving manufacturing of interactive technology products in India. By addressing long-standing challenges such as monetization and talent gaps, the CoE will play a pivotal role in shaping the future of India\u2019s gaming and interactive entertainment industry.<\/p>\n\n\n\n

Additionally, the MoU will expand WinZO\u2019s flagship Tech Triumph Program (Bharat Edition), a platform for identifying and mentoring India\u2019s top game developers. This program has already showcased India\u2019s gaming talent at global forums such as the Game Developers Conference (GDC) and Gamescom LATAM, and will now scale its impact through DPIIT\u2019s support.<\/p>\n\n\n\n

Shri Sanjiv Singh added that this partnership is a significant milestone in harnessing India\u2019s optimal potential as a producer and exporter. Through the collaboration with WinZO, efforts are afoot to foster innovation, promote entrepreneurship, and empower startups to manufacture products of global standards. This initiative aligns with our vision of making India a leader in interactive technology, contributing meaningfully to PM Modi\u2019s vision of a self-reliant India, added Mr. Sanjiv.<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Move in line with increasing India\u2019s global share in the $300 billion global gaming market…<\/p>\n","protected":false},"author":3,"featured_media":12289,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37,2],"tags":[],"class_list":["post-16276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","category-national"],"yoast_head":"\nDPIIT signs MoU for two years with WinZO to support over 2,000 interactive entertainment startups - Asian News Service | English Language | Latest News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/asiannewsservice.in\/en\/dpiit-signs-mou-for-two-years-with-winzo-to-support-over-2000-interactive-entertainment-startups\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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