India’s animation and VFX industry was valued at around *** billion Indian rupees in 2025 and is projected to expand further, reaching about *** billion rupees in 2026 and approximately *** billion rupees by 2028.
A more prosperous India powers the demand for entertainment
Akin to other countries in the Asia-Pacific region, India is characterized by a growing economy and an increasingly wealthier population. Growing prosperity and increasing connectivity have contributed to the growth of the country's media and entertainment industry. With the pandemic catalyzing the path to digital evolution that favors online experiences, the digital media industry in India has gained striking momentum. The value of the digital media market across India was forecast to reach *** trillion in 2026.Â
Emerging media segments: animation and visual effects (VFX)
With the proliferation of the internet and its accompanying groundbreaking technologies, a shift towards more personalized, convenient digital experiences took place. These developments created further space for the growth of animation and VFX industry in India, which enlarged by about ****percent in 2025. Animation and VFX hold a significant market share of the media industry in India, and it was estimated to have robust growth at a compound annual growth rate of *** percent between 2025 and 2028.
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EY. (March 27, 2026). Market size of India's animation and VFX industry from 2011 to 2028 (in billion Indian rupees) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/627855/india-market-size-of-animation-and-vfx-industry/
EY. "Market size of India's animation and VFX industry from 2011 to 2028 (in billion Indian rupees)." Chart. March 27, 2026. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/627855/india-market-size-of-animation-and-vfx-industry/
EY. (2026). Market size of India's animation and VFX industry from 2011 to 2028 (in billion Indian rupees). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/627855/india-market-size-of-animation-and-vfx-industry/
EY. "Market Size of India's Animation and Vfx Industry from 2011 to 2028 (in Billion Indian Rupees)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 27 Mar 2026, /statistics/627855/india-market-size-of-animation-and-vfx-industry/
EY, Market size of India's animation and VFX industry from 2011 to 2028 (in billion Indian rupees) ÌÇÐÄÆƽâ°æ, /statistics/627855/india-market-size-of-animation-and-vfx-industry/ (last visited August 01, 2026)
Market size of India's animation and VFX industry from 2011 to 2028 (in billion Indian rupees) [Graph], EY, March 27, 2026. [Online]. Available: /statistics/627855/india-market-size-of-animation-and-vfx-industry/
