Chinese tech major Tencent on Friday announced strategic partnerships with Service Export Promotion Council (SEPC) and Game Developers Association of India (GDAI), making an initial commitment of over ₹100 million to support development of India’s gaming and AVGC ecosystem. It said its commitments include providing resources and programmes spanning curriculum development, industry training, and mentorship.
The company said this marks the beginning of the company’s long-term collaboration with the country’s gaming and AVGC sector. This development comes post regulatory clarity in the digital games space as well as India relaxing FDI norms for countries sharing land borders.
The tech major said that this commitment was aligned with India’s national ambition to train and employ two million skilled professionals in the AVGC-XR sector by 2030.
“We wouldn’t be here if we had concerns. We welcome the enhanced clarity, especially in the video game sector, and the government of India’s focus on the orange economy has been well-received and is a big driver of why we’re here,” said Danny Marti, Head of Public Policy and Global Affairs, Tencent.
The tech major had faced some regulatory challenges in the past, especially with its popular PUBG Mobile game, due to national security concerns following border tensions.
