Krafton is actively investing in India's gaming sector through strategic partnerships, local initiatives, and esports support.

On March 14, the Gujarat government and Krafton signed a Memorandum of Understanding (MoU) agreement to develop the state's gaming and esports ecosystem. This collaboration will involve talent development, infrastructure improvements, and cultivating a stronger gaming community.

Esports ecosystem in Indian Market

India has a strong esports scene, with millions of people playing and watching esports tournaments. India has also produced some of the best esports players in the world.

Esports or electronic sports, is a form of competition using video games. It has become increasingly popular in recent years, with millions of people around the world participating and watching esports tournaments.

While the term "online gaming" encompasses a wide range of video gaming activities across different platforms and skill levels, "esports" specifically refers to the realm of competitive video gaming.

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Krafton Makes Big Moves in the Indian Gaming Industry

• Focus on local development: Krafton established an India-specific gaming incubator to nurture Indian game development startups. They've also launched an India-exclusive game called "Garuda Saga" and even incorporated Bollywood actor Ranveer Singh as a playable character in BGMI.
• $150 million investment: Krafton, the company behind the popular game BGMI, announced a $150 million investment in the Indian gaming and interactive entertainment startup scene over the next few years. This demonstrates their belief in India's potential as a major gaming hub.
• Total investment in India: This recent announcement adds to Krafton's previous investments of $140 million in 11 Indian startups since 2021. Their total commitment to the Indian gaming industry is now around $290 million, making them a major player.
• Boosting esports: Krafton hosted a professional BGMI tournament in India with a significant prize pool and high attendance. It shows their efforts to promote the growth of esports in the country.

India's Reach to International Sports Events

Esports in India and worldwide are gaining remarkable significance. Last year, it made a historic appearance as a medal event at the Asian Games in Hangzhou, China. India has participated in four esports titles at the Asian Games: Dota 2, League of Legends, Street Fighter V, and FIFA Online 4. In 2022 as well, esports debuted as a pilot event at the Commonwealth Games in Birmingham.

Under the leadership of President Draupadi Murmu, the government has revised regulations and designated the Department of Sports, a branch of the Ministry of Youth Affairs and Sports, as the central authority overseeing esports in the country.

This recognition by the Indian government marks a pivotal moment for esports enthusiasts and the gaming community, paving the way for a more formalized and prominent presence of esports on the national and international sporting stage.

The Indian government has recognized the potential of esports and has taken steps to promote its growth. In 2021, the Ministry of Electronics and Information Technology (MeitY) set up the National Esports Federation (NESF) to govern and regulate esports in India. The NESF has been working to develop esports infrastructure and promote esports education in the country.

The inclusion of esports in the Asian Games is a major milestone for the Indian esports scene. It shows that the government is taking esports seriously and is committed to its development. It is also a great opportunity for Indian esports players to showcase their skills on the global stage.

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Gujarat Government

KRAFTON, Inc., a leading South Korean video game developer, has signed a strategic MoU with the Government of Gujarat and TransStadia Technologies Pvt. Ltd.

This collaboration aims to boost the technology, gaming, and esports ecosystem in Gujarat, leveraging the state's economic growth and digital infrastructure. KRAFTON plans to invest USD 150 million over the next few years and has already launched initiatives like the KRAFTON India Gaming Incubator program.

The Government of Gujarat sees this partnership as a step towards making the state a hub for esports. With recent events like the BMPS 2023 in Ahmedabad, the future of gaming and esports in Gujarat and India looks promising.

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Delhi Government

Prominent Indian ministers and officials have expressed strong support for the growth of esports in the country.

Delhi's Deputy Chief Minister, Manish Sisodia, lauded the emerging Indian esports market during ESports Premier League 2021, emphasizing its rapid growth. He pledged the Delhi government's full support for esports and its initiatives, committing to facilitate its development.

Mr. Vishwalok Nath, Director of ESPL, described the event as a "festival of esports" with outstanding competition from gamers across the nation. He encouraged athletes to leverage their experience and aim for international success.

The prize distribution ceremony, graced by Deputy Chief Minister Manish Sisodia and Ms. Kalli Purie, Vice Chairperson of India Today Group, recognized champions and runners-up with trophies and cash awards, highlighting the increasing government and institutional support for esports in India.

If you want to start your E-sports journey, Also Read the blog: Best-Esports-tournament-app-in-2023

Uttar Pradesh Government

Garena, the developer of the popular game Free Fire, has signed a significant partnership with the Government of Uttar Pradesh to boost esports in the state. This collaboration aims to leverage Yotta's local data center infrastructure to position Uttar Pradesh at the forefront of the esports industry.

Furthermore, this partnership could potentially facilitate Free Fire's return to India, where it was banned in February 2023 due to security and privacy concerns.

The Indian esports scene is flourishing, with the government officially recognizing esports in multi-sport events. The market is poised for remarkable growth, with estimates predicting a value of $522.6 million by 2028, indicating a remarkable compound annual growth rate of 21.1% between 2023 and 2028.

In essence, the collaboration between Garena and the Uttar Pradesh Government signifies a substantial boost to the Indian esports industry, reflecting its significant potential and promising future growth.

Madhya Pradesh Government

The Madhya Pradesh government has unveiled plans for the Junior BGMI Championship, a nationwide esports tournament, which was scheduled for August 1 to 12. This event invited players aged 12 to 17 and featured both online and offline modes.

Notably, the MP State Esports Academy, the first of its kind in India, will offer a year-long coaching program to the top 200 participants, with 160 from Madhya Pradesh and 40 from other states. Additionally, the government has announced its intention to construct an esports arena in Bhopal.

This initiative demonstrates the Indian government's growing commitment to nurturing and promoting esports, particularly among the younger generation, highlighting the industry's rising prominence in the country.

Bihar Government

The Bihar State Sports Authority (BSSA) made a remarkable move in the Indian esports landscape with the launch of the Talent Identification and Recognition Esports Programme. This groundbreaking initiative, backed by Univ Sportatech, aims to cultivate budding esports talents from schools and colleges across the state.

By introducing esports at the grassroots level, the BSSA not only provides youngsters the chance to explore their passion for gaming but also opens doors to a potential career in esports. With Univ Sportatech's expertise, this program is set to thrive, offering a well-structured talent identification process.

Emphasizing grassroots development, the BSA's approach offers a solid foundation for aspiring esports enthusiasts. This initiative hints at a promising future for esports in Bihar, inspiring an ecosystem of dedicated players and enthusiasts.

Benefits of government support for esports:

• It helps to legitimize esports as a sport and makes it more attractive to sponsors and investors.
• It can help to develop esports infrastructure and promote esports education in the country.
• It can help to create jobs and boost the economy.
• It can help to promote India's image on the global stage.

Challenges that Indian esports face

• Lack of awareness about esports among the general public.
• of infrastructure, such as gaming arenas and training centers.
• of government support at the state level.
• stereotypes about esports.

Conclusion

Despite the challenges, the Indian esports scene is multiplying. With the government's support, esports has the potential to become a major industry in India.

The Indian government's support for esports is a welcome development. It shows that the government is taking esports seriously and is committed to its development. With the government's support, esports has the potential to become a major industry in India.