Rs 4000000000 budget, 10-acre campus: Know about IICT launched on the lines of IIT-IIM, to be a national hub for…

WAVES 2025, IICT: In order to promote the creative and digital media industry in the country, PM Modi-led Central Government recently launched the Indian Institute of Creative Technology (IICT) on the lines of IIM and IIT. The government aims to make IICT a national hub for Animation, Visual Effects, Gaming, Comics, Extended Reality (AVGC-XR) sectors. Union Information and Broadcasting Minister Ashwini Vaishnav on Thursday stated that PM Modi has allocated a budget of Rs 400 crore for the establishment of IICT in Mumbai.

Google, Apple, Microsoft Will Help

While addressing the World Audio Visual and Entertainment Summit in Mumbai on Thursday, Minister Vaishnav stated that PM Modi has cleared Rs 400 crore for establishing IICT while the land has been provided by the Maharashtra government.

“Global tech giants like NVIDIA, Google, Apple, Microsoft, Star India, Meta, and Adobe are collaborating to make IICT a world-class institute,” Vaishnav said.

Where Will IICT Campus Be Built

The Indian Institute of Cinema Technology (IICT) will initially operate from Mumbai’s NFDC building, featuring advanced facilities such as gaming and animation labs, editing suites, virtual production capabilities, and smart classrooms. Future expansion plans include a larger campus in Goregaon’s Film City and the establishment of regional IICT branches.

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