The VFX industry is undoubtedly one of the fastest growing industries in the world; and not just in terms of value but utility as well. Today, VFX are used extensively not only in making games and video films, but for websites, corporate presentations, APP development, and branding content. Owing to the high market demand, the Indian VFX industry has also seen great growth in the recent past. Even though there is an apparent room for improvement in the work standards, India is not far behind the leading Western countries when it comes to VFX. Notably, big budget productions like Bahubali, Ra-One and Krrish have established the fact that VFX studios in India have what it takes to be global leaders. Several smaller production houses and corporations have also turned to modern video editing and creation technology.
According to reports, this industry has witnessed an expansion of 6.2 times in the last 5 years, which is more than the growth rate of the decade before that. This gives an idea of the phenomenal growth that can be expected in the coming years. In numbers, it is reported that the VFX industry is currently valued at approximately Rs. 121 Billion, and will be almost twice that by 2025. One of the major reasons for this dramatic growth rate is the Indian government’s ‘Make in India’ and ‘Digital India’ schemes, through which it has invested extensively in the development of the Indian digital and technological sphere. Several major foreign companies have also started outsourcing their VFX operations to India, especially in the technological hubs like Bengaluru, Pune, Chennai and Mumbai. A recent survey by FICCI states that the VFX industry has been growing at an unbelievable rate of 51.1% annually, creating about 15,000 jobs every year. The government is supporting the advance training and education of individuals in the VFX industry, increasing both the industry standards and employment opportunities. Several private universities, like the esteemed Sandip University have been in the light for years, showing excellence in VFX training and innovation. With their industry-integrated approach and veteran, renowned professors, they provide students the skills they need to be ready for the industry.
The employment and earning opportunities in VFX in India will definitely be even better in the years to come, which makes it a great career choice for interested individuals. With the right tuition and training, the possibilities are endless.