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Informative Article | Law | India | Volume 13 Issue 2, February 2024 | Rating: 4.5 / 10
E-Sports and Gaming Saga: Indian Outlook
Abstract: The Indian economy's shift towards technology has spurred the growth of unconventional sectors like gaming. Gaming, with its interactive storytelling, has gained traction. In the early 2000s, despite high costs, gaming found a niche in India. The mid-2000s saw a surge in online gaming, buoyed by social media and mobile penetration. Policy adjustments and governmental recognition of esports have further fueled growth. However, a 28% GST rate on online gaming raises concerns. To unlock India's E-sports potential, strategic investments, clear regulations, and collaboration are imperative. A robust framework, prioritizing player experiences and industry cohesion, is essential for India's success in the global E-sports arena.
Keywords: Gaming Industry, Mobile Gaming, E-sports, Government Policy, Taxation
Edition: Volume 13 Issue 2, February 2024,
Pages: 720 - 721