What is the future of animation and VFX in India?
India's animation and VFX industry was valued at around 83 billion Indian rupees in 2021, despite the lapse in market value in the previous year owed to the pandemic's adverse effects.
Estimates for 2024 indicate a growth rate of 29 percent with the industry's value amounting to180 billion Indian rupees.
Apart from the entertainment industry, animation and VFX in other fields such as gaming, education, branding, and marketing have all contributed to the potential expansion of the Animation and VFX business in India, and by 2023, we will undoubtedly have reached a new milestone in terms of entertainment. Upcoming Marvel films in Hollywood, as well as films like Adipurush, which include an estimated 4500+ VFX shots, will improve the industry’s popularity and income growth.
Will animators be replaced by AI?
However, it is unlikely that AI will replace animators entirely in the near future. While AI can assist animators in certain tasks, such as rigging characters or generating motion graphics, it cannot replace the creativity and artistry that animators bring to the animation process.
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