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New Delhi:<\/strong> In a landmark development poised to redefine India\u2019s position in the global gaming industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a strategic partnership with\u00a0WinZO, India\u2019s largest social gaming and interactive entertainment platform.<\/p>\n The two-year Memorandum of Understanding (MoU) 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 This first-of-its-kind collaboration will focus on building a robust ecosystem of over\u00a02,000 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\u00a0Atmanirbhar Bharat\u00a0in gaming and technology, this initiative seeks to establish India as a global leader in interactive entertainment, capturing a significant share of the\u00a0$300 billion global gaming market.<\/p>\n Central to this partnership is the establishment of a\u00a0Center of Excellence (CoE)\u00a0by WinZO, in collaboration 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\u00a0\u2018Made in India\u2019\u00a0intellectual property for global markets of world-class quality, attracting\u00a0foreign direct investment (FDI)\u00a0and 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 According to a recent USISPF report, India\u2019s interactive entertainment sector is projected to grow to\u00a0$60 billion\u00a0by 2034, creating over\u00a02 million jobs. The DPIIT-WinZO partnership is designed to harness this potential by nurturing startups through\u00a0hackathons, workshops, accelerator programs, and curated pitch events.<\/p>\n Additionally, the MoU will expand WinZO\u2019s flagship\u00a0Tech 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\u00a0Game Developers Conference (GDC)\u00a0and\u00a0Gamescom LATAM, and will now scale its impact through DPIIT\u2019s support.<\/p>\n<\/p><\/div>\n [ad_2] [ad_1] New Delhi: In a landmark development poised to redefine India\u2019s position in the global gaming industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a strategic partnership with\u00a0WinZO, India\u2019s largest social gaming and interactive entertainment platform. The two-year Memorandum of Understanding (MoU) aims to accelerate the growth of India\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":51730,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-51729","post","type-post","status-publish","format-standard","has-post-thumbnail","category-entertainment"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2024\/11\/WinZO-partners-with-DPIIT-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/51729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=51729"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/51729\/revisions"}],"predecessor-version":[{"id":51731,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/51729\/revisions\/51731"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/51730"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=51729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=51729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=51729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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