The Indian games industry reached $3.1 billion in FY23 and is projected to grow to $7.5 billion by 2028 with a CAGR of 20%. 

This comes from Lumikai’s annual State of India Gaming Report FY23, which was produced in collaboration with Google. The report finds that this growth is driven by rising in-app purchases in casual and mid-core  games and increased in-game advertising.  … [MORE]

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