Friday, 24 March, 2023

Online gaming industry revenue hit Rs 7,700 cr

<p>A report by FICCI-EY said that the online gaming industry registered an 18% rise in 2020 to touch Rs 7,700 cr and the number of online gamers may reach 440 mn by the end of 2022, from 360 mn in 2019. India&rsquo;s gaming industry may become 10x bigger than other entertainment businesses put together in the next seven years, said CEO of Nazara Technologies, Nitish Mittersain. The Olympic Committee, recently, has announced a global esports tournament, the Olympic Virtual Series.</p>