How many professionals will the AVGC industry need by 2030?

The AVGC industry is expected to require approximately two million professionals by the year 2030.

What is the goal of setting up creator labs in schools and colleges?

The goal is to foster structured skilling, inspire students towards careers in creative fields, cultivate future-ready talent, and accelerate the creation of original intellectual property.

Home / Business and Economy / India Budget 2026: Creator Economy Gets Major Boost

India Budget 2026: Creator Economy Gets Major Boost

Q: What is the government's plan for the AVGC sector in India?

The government plans to support the establishment of animation, visual effects, gaming, and comics (AVGC) creator labs in 15,000 secondary schools and 500 colleges across the country.

1 Feb

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Summary

15,000 schools and 500 colleges will get AVGC creator labs.
The AVGC industry anticipates needing two million professionals by 2030.
Government support aims to boost India's growing creator economy.

India Budget 2026: Creator Economy Gets Major Boost

Finance Minister Nirmala Sitharaman unveiled a substantial boost for India's creator economy during Budget 2026. The government will support the Indian Institute of Creative Technologies, Mumbai, in establishing animation, visual effects, gaming, and comics (AVGC) creator labs.

These labs are slated for installation in 15,000 secondary schools and 500 colleges across India. Industry leaders have applauded the move, anticipating it will meet the escalating demand for skilled professionals in the creative and gaming industries.

The AVGC sector is experiencing rapid expansion, with projections indicating a need for approximately two million professionals by the year 2030. This initiative aims to cultivate future-ready talent and accelerate the creation of original intellectual property.