The animation industry in Kolkata, India is growing at an annual rate of 40%, which is 5% higher than the rest of India, according to THE BUSINESS STANDARD.
"In Kolkata, cost of production is less due to availability of cheaper skilled manpower. Automatically, Kolkata becomes the preferred destination for all kinds of contract-based animation activities," said Barunansu Sarkar, regional head (East) of Arena Multimedia.
The Indian animation market was estimated at $285 million in 2005 and is expected to expand to $950 million by 2009.