Chitratoon Studios
This project is being led by Smita Minda, who studied animation from Walt Disney’s California Institute of Arts. After finishing her education and making short films at school, she’s worked on several different projects as an animator and is still pursuing filmmaking. We have started Chitratoon Studios with the endeavor to not only showcase artistic brilliance but also serve as a platform for the untapped potential of the eastern voices.
Animation Market Size
According to a report by Statista, the global animation market size was valued at USD 354.7 billion in 2020 and is expected to grow at a CAGR of 5.2% from 2021 to 2028. Some of the leading animation studios globally include Disney, DreamWorks Animation, Warner Bros. Animation, and Pixar. These studios have a significant impact on the animation industry’s growth and have generated significant revenue.
Scope of Animation Industry in India
Animation is an art form that has evolved to become a major industry globally. In India, the animation industry has seen significant growth in recent years, with the country becoming a hub for animation production.
Vision
It is important for India to grow its presence in the global animation industry for several reasons:
- Economic Growth: The animation industry is a multi-billion dollar industry and is growing rapidly. By expanding its presence in the global animation industry, India can tap into this market and boost its economy. This would create job opportunities for skilled professionals and increase the country’s GDP.
- Global Recognition: India has a rich history of art and culture, and by excelling in animation, the country can showcase its artistic talents to the world. The success of Indian animation studios would put the country on the global map and create a sense of pride among its citizens.
- Talent Development: The animation industry requires skilled professionals with specialized knowledge of software and technology. By expanding its presence in the global animation industry, India would create opportunities for its talented youth to develop their skills and gain valuable experience.
- Technological Advancement: The animation industry is at the forefront of technological advancement. By participating in this industry, India can leverage new technologies and stay up-to-date with the latest developments in the field. This would create a spillover effect, leading to the development of new technologies that could be used in other industries as well.
