BGMI Wants Government Support to Promote Online Gaming
The company that created a fun game called BGMI in India wants the government to help make online gaming more popular in the country.
The CEO of Krafton India, Sean Hyunil Sohn, talked about how some countries like the UAE and Canada give money to gaming companies to help with paying their workers. He also said that we can come up with new and clever ways to support the gaming industry in our own country.
The information we have shows that many governments think that gaming is a good way to make more jobs in the future. In India, they want more money from taxes to make the country better, but they should also try to help the gaming industry in smart ways.
The GST Council has decided to charge a 28 percent tax on the total amount of money people spend on online games. This tax will start on October 1 and will be checked after six months to see if it is working well.
India's cheap internet and lots of people using mobile phones will make more people play games in India. This is good for gaming companies. Sean said that Indian gamers have an advantage because they are used to playing games on their phones, while people in the West started playing games on consoles and computers.
There are now 500 million people in India who like to play games. Out of those, around 100 million are serious gamers. This number is not as big as in China or South Korea, but because mobile internet is very cheap and many people have smartphones, I think more and more people will start playing games. This will create more chances for companies like ours that make games.
He said that a lot of people in India really like games like BGMI. The best players are more popular in India compared to other places where people play games. However, as the gaming industry grows and changes, more and more people will start playing games.
The boss of Krafton India talked about how they are giving money to Nodwin Gaming in Gurugram. He said that most of Nodwin's money comes from events where people play games on their phones.
He said that the gaming industry used to be small, but now it's really big and makes up about 80% of the movie and video game industry together.
Prosenjit Ghosh, who is in charge of PlayStation in India, said that playing games is becoming just as popular as other forms of entertainment like cricket or movies.