Animation Centre of Excellence to be set up in Mohali: Soni | chandigarh | Hindustan Times
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Animation Centre of Excellence to be set up in Mohali: Soni

Noting that there was a huge growth potential in media and entertainment industry, Information & Broadcasting minister Ambika Soni said the country's first Animation, Gaming and Visual Effect Centre of Excellence will be set up in Mohali, Punjab.

chandigarh Updated: Jul 13, 2012 20:10 IST

Noting that there was a huge growth potential in media and entertainment industry, Information & Broadcasting minister Ambika Soni today said the country's first Animation, Gaming and Visual Effect Centre of Excellence will be set up in Mohali, Punjab.


Quoting industry reports, she said a huge growth potential in the media and entertainment sector has been predicted over the next five years.

Soni told reporters that a growth rate of 18 % had been predicted in the radio broadcast sector, 9 % in the print media industry and 12 % in the TV industry.

To channelise this growth opportunity, the government would complete the digitalisation process in the four main metros by October 31 and the entire process will be completed by end of 2014 in the country, she said.

Soni said next year over 800 auctions for FM radio channels will be held.

She said that animation business also had a huge potential, almost of the same scale once attracted by the information technology (IT) sector.

"An Animation, Gaming and Visual Effects Centre of Excellence will be set up in Mohali by the Centre. The Punjab government has given us 12 acres of land for this," she said.

To a question, she said some social indicators in Punjab and Haryana were an area of concern. The two states are infamous for adverse sex ratio.