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  • | 1:53 pm

Online gaming in India to become a $2.7 bn industry in FY25

Home to 442 million gamers, the Asian nation might hit 538 million by the end of the fiscal, says study. Online gaming in India may grow 20% to become a $2.7 billion (₹23,100 crore) industry by the end of fiscal 2025, a study said.

Currently home to 442 million gamers, next only to China, India will host 538 million gaming enthusiasts by the end of the fiscal year, the study titled 'Guardians of Safe Play: Ethical Gaming for Vibrant Bharat' said.

Gamers spent 8.5 hours a week on real money gaming in FY22, contributing 83-84% of industry revenues, according to the joint report by Grant Thornton Bharat and the E-Gaming Federation.