Mumbai, May 3 -- In a major leap towards empowering India's AVGC-XR ecosystem, the Ministry of Information and Broadcasting, in collaboration with FICCI and CII, has unveiled the Indian Institute of Creative Technology (IICT)--a National Centre of Excellence dedicated exclusively to the AVGC-XR sector.

According to an official statement, Union Minister for Information and Broadcasting, Ashwini Vaishnaw, ceremonially flagged off these strategic associations and emphasised India's potential to become a global leader in media and entertainment.

He said that IICT is on track to evolve into a premier institution in its field, much like how IITs and IIMs have become benchmarks in technology and management education.

The announcement that was...