Page 40 - The Indian EYE 081922

The Indian Eye
BUSINESS EYE AUGUST 19, 2022 40

How the launch of 5G services will make

India the center of gaming universe

India Gaming Industry poised to become World’s largest Gaming Hub

led by innovations and planned 5G launches

OUR BUREAU
New Delhi
ith around 420 million active online
gamers and a 500-million-strong digital-
Wly native population aged between 15-35
India is set to become one of the fastest growing
markets globally.
Eminent industry leaders and stakeholders
convened here this week to discuss the future
roadmap of the gaming industry in India. The next
phase of growth for gaming in India driven by ac-
celerating adoption of 5G, Cloud Gaming, Gamifi-
cation, and Mobile Gaming devices among others
was outlined on the sidelines of the 2nd Edition
of the India Gaming Conclave 2022, by Konnect
Worldwide Business Media.
The conclave outlined the industry’s vision for
2022 and beyond, with an eye on global and do-
mestic trends, as well as India’s potential to disrupt
the global industry in the near future. IGC 2022
witnessed participation from industry experts, in- A recent conclave on ‘Direct-to-Mobile & 5G Broadband - Convergence Roadmap for India’ (ANI)
novators, gaming publishers, OEM’s, developers,
gamers, influencers, and analysts, who welcomed ments & Partnerships. Industry leaders present at ing back enriched with the discussions that panned
the opportunity to share their insights, learnings, the summit included MediaTek India, Gamezop, out today, and are glad we got to meet old friends
and expertise. All India Gaming Federation, Gameloft, Winzo, and new,” said Gaurav Agarwal, Co-founder Ga-
The event themed ‘Getting Ready For The OPPO, Newgen Gaming, Loco, POCO India, Apar mezop.
New Normal - The Gaming Industry In 2022 - Games, T-HUB, Xtendr, Lumikai among others. Moreover, Online gaming has been growing
What Next...’ was supported by industry partners “The 2nd Edition of India Gaming Conclave exponentially in India mainly driven by the adop-
including MediaTek, Gamezop, Techarc and All was a melting pot of myriad standpoints from the tion of online gaming especially mobile gaming,
India Gaming Federation. Indian gaming fraternity. The organizers did a an increase in professional gaming events and
In-depth knowledge sessions included dis- fantastic job in bringing together prolific panelists e-sports, better infrastructure, connectivity and
cussion on 5G, Cloud Gaming and Innovations from across the gaming spectrum. There couldn’t availability of technologically advanced devices.
in Smartphones & Devices - Drivers of Gaming have been a better forum to introduce our new The latest Sequoia India and BCG report says
Revolution in India; India Focussed Innovations in product, Quizzop, to the industry. Gamezop and that India’s gaming industry is generating USD 1.5
Gaming Infrastructure; Gamification - A Powerful Quizzop are glad to have participated towards this billion in revenue and is expected to triple to over
Tool to Engage, Monetize & Grow Revenues; and year’s event in a small capacity, and we will look USD 5 billion by 2025, on the back of the ‘mobile
Taking Gaming to the Next Level Thru Invest- to do that again in the coming years. We are go- first’ phenomenon.

Jio Infocomm leads 5G biddings

ukesh Ambani-led Reli- nology Ashwini Vaishnaw said Re- MHz, 2100 MHz, 2500 MHz, 3300 that 51,236 MHz has been sold,
ance Jio Infocomm Lim- liance Jio has made bids to acquire MHz and 26 GHz. the minister said.
Mited has made bids worth 24,740 MHz spectrum in 700 MHz, Four firms are in the fray for the The first-ever auction of the
Rs 88,078 crore accounting for 800 MHz, 1800 MHz, 3300 MHz 5G auction. Adani Data Networks 5G spectrum in India began on
58.65 per cent of the total value of and 26 GHz. Bharti Airtel has made Limited has made bids worth Rs 212 July 26. The bidding for the auc-
Rs 1,50,173 crore received by the bids worth Rs 43,084 crore to acquire crore to acquire 400 MHz spectrum tion concluded after a total of 40
government in the 5G spectrum 19867.8 MHz spectrum in 900 MHz, in 26 GHz frequency band. rounds of bidding that were held
auction that concluded on Monday. 1800 MHz, 2100MHz, 3300 MHz and The 5G Spectrum Auction has in the past seven days. Total 40
Addressing a media briefing 26 GHz frequency bands. concluded successfully with a total rounds of bidding were conducted.
after end of the bidding, Union Vodafone Idea Limited has bid amount of Rs 1,50,173 crore. About 71 per cent of the total
Minister of Communications, made bids worth Rs 18,799 crore to Around 72,098 MHz of spectrum spectrum that was bid out has been
Electronics and Information Tech- acquire 6,228 MHz spectrum in 1800 was offered for auction, and out of sold, Vaishnaw said.

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