Business & Economy
India set to become hub
for animation industry
What is India News Service,
Monday, 29 November 2004, 1700 hrs IST
India's animation industry is set to emerge not only as the outsourcing
destination for animators and gamers the world over but also as a major
stand-alone sector on its own, says an expert in the field.
"India has the manpower and the technology to achieve this," said Phil
Mitchell, vice president of Canada's Mainframe Entertainment, a leading
entertainment studios and maker of the hit Spiderman 3D television series.
The company has produced similar films on the cartoon character Popeye the
Sailor Man and Barbie. He spoke at Noida, near Delhi, at the inauguration of an
animation institute.
According to a recent study, the Indian animation industry is currently pegged
at $550 million.
Drug
firms woo top scientists: Pharmaceutical companies offer better cash
compensation packages, but biotechnology companies offer more flexibility,
greater responsibility, and stock options.
Govt considers exporting cotton to Pak: As
a part of its effort to improve trade ties with Pakistan and deal with the
falling cotton prices in the domestic market, the government is contemplating to
export cotton to the neighbouring country.
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Feature
A
positive investment climate
On
year-on-year basis, non-food credit in mid-November 2004 was 27
per cent
higher — the
highest since 1997. We know that corporates are rolling out new investments in
manufacturing. But they are doing so in a fashion that has taken into account
both the financial and business risks of their balance sheet expansion,
says SAUMITRA CHAUDHURI
|
Business papers
Business Standard
Economic Times
Business Line
Financial Express
| 
