About EGF

A Note From The CEO

Online gaming has grown massively in India powered by advanced new-age technologies, the mobile-first phenomenon, increasing disposable income, affordable smartphones, and growing demand for more immersive entertainment. The sector has gained acceptance as a preferred form of entertainment, making the country one of the world’s biggest markets for online gaming. Its popularity can be gauged readily as India currently has 420 million online gamers as of FY 2021. 

Currently valued at an estimated $2.2 billion market, the Indian gaming industry is poised to reach approximately $5 billion by 2025. Although India constitutes just 1% of the global gaming market, it is growing at a CAGR of 38%. The presence of three gaming unicorns among 400+ gaming companies, with 15000+ gaming developers in India indicates the massive potential the industry holds.

Amidst this, it becomes imperative to design an enabling policy framework to regulate the sector which will ensure player protection and allow them to play in a responsible, transparent, and safe environment. In addition, it will bring certainty for new-age entrepreneurs, propel more unicorns and listings within the country and boost investor confidence.
The government has made strides in this direction and the sector received further impetus after Finance Minister, Nirmala Sitharaman announced the setting up of the Animation, Visual Arts, Gaming and Comics (AVGC) Task Force, in her budget speech this year. Moreover, the central government has held consultations with stakeholders on regulating the online gaming industry. These are great first steps and we hope to see increasing momentum going forward. We believe a clear soft-touch policy will go long way in addressing legal ambiguity and perception issues that have led to extreme reactions like bans in a few states.
Globally, gaming is a well-regulated industry and many countries including the UK, the US, and the EU have developed regulations to ensure that players enjoy this form of entertainment responsibly. Based on these global practices, E-Gaming Federation (EGF) has created a self-regulatory framework in the form of a Code of Conduct to ensure player safety. Our ‘responsible play’ features are intended to ensure a fair and safe online gaming experience that protects players from any adverse consequences of online gaming.
As the sunrise sector moves toward the next level of growth, we, at EGF, strive to facilitate and encourage the adoption of regulations/self-regulations for the smooth functioning of the online gaming ecosystem. We are committed to providing our expertise and full cooperation to the government and policymakers in building a robust regulatory framework that protects consumers and legitimate operators.