India’s online gaming industry needs effective regulation

The Indian online gaming sector is one of the fastest-growing sectors with numerous investments, enormous employment and revenue eclipsing many other forms of media like movies, television, music, and print. According to a KPMG report, this industry is expected to generate revenue in excess of Rs 29,000 crore in 2025 with over 65 crore users, employ over 70,000 highly qualified technologists and many others indirectly dependent on the industry.

Despite the regulatory uncertainty and people going back to work as the pandemic subsided, the online gaming segment grew 28 per cent in 2021 to reach Rs 10,100 crore. It is the facilitative ecosystem in India that has ensured this massive growth, coupled with the culture, creativity and relentless commitment of young game developers.