Gamers in India: India became the second largest country in the world with the most online gamers
Gamers in India: The online gaming market in India is growing by 20% year-on-year. The report says that global and domestic investors have invested US$2.8 billion in the Indian gaming market in the last five years.
When Prime Minister Narendra Modi recently visited with some gamers, a discussion about gaming began across the country. Many gamers stated that when they first began their full-time gaming profession, people mocked them, but now that they've met the Prime Minister, everyone praises them. According to recent research, India has become the second-largest country in the online gaming community. China holds the top spot.
In India, 28% Goods and Services Tax (GST) is levied on gaming, but even after that people's interest in it is not decreasing. The number of online gamers in India has crossed the figure of 442 million i.e. 44.2 crores. This information has been received from the report of Grant Thornton India and the E-Gaming Federation (EGF).
The report states that the online gaming market in India is growing by 20% year-on-year. The report states that global and domestic investors have invested US$2.8 billion in the Indian gaming market in the last five years. Real money games are growing very fast in India and this is the biggest source of income from gaming. In the year 2022, Indian gamers were spending an average of about 8.5 hours every day. The number of daily active gamers in India is 100 million.
