Games Law Explainer 2024 The Indian Position

The Indian Government recognizes online gaming segment as having the potential to make significant contributions to the Indian economy through FDI investments, employment opportunities and revenue generation for the government. Recent industry report estimated that the Indian gaming community comprises ~425mn gamers in FY 2023 with a y-o-y growth @ 4-5%.1 This segment has cumulatively attracted investments close to USD 1.9 mn between FY20- FY23. According to another industry report,2 this segment is expected to reach USD 4.6 bn by 2025 at a Compound Annual Growth Rate of 21%. With increasing acceleration in internet access in India, as well as ~548mn smartphone users, approximately~430 mn unique downloads of gaming apps took place in in FY23.