Companies & Sectors
'India's animation industry has seen unprecedented growth'
New Delhi : With global players exploring India as a talent pool for animation content and Indian filmmakers looking out for subjects with a "broad mass appeal", there's a huge potential for the growth of the animation world in the country, says US-based Avneet Kaur, who has lent her creative touch to Hollywood entertainers like "Tangled", "Frozen" and "Zootopia".
 
"The animation industry is definitely evolving in India. It has witnessed unprecedented growth rates in recent times," Kaur told IANS in an email interview from Los Angeles.
 
Her statement is well supported by the fact that India's animation industry generated revenues to the tune of Rs.51.1 billion in 2015, marking a growth rate of 13.8 percent, according to a FICCI-KPMG report.
 
Kaur, who is a simulation technical director at Walt Disney Animation Studios, said: "Over the last decade, it has seen the entry of many global studios who have tapped into India's talent pool.
 
"Additionally, leading Indian production houses like Tata and Reliance are now investing in the animation market and collaborating with Indian filmmakers to make animated features that have broad mass appeal and entertain their local audiences.
 
"I believe that this industry has huge business potential in India and is beginning to scale new heights."
 
India is said to have nearly 300 animation, 40 visual effects and 85 game development studios with over 15,000 professionals working for them, and these cater to not just the movie world but also to small screen content for children and regional platforms.
 
Kaur says it is Bollywood that taught her to dream big, and her love for films made her walk on the animation path to reach the world of Hollywood.
 
Having worked on films like "Bolt", "Wreck-It Ralph" and "Feast", would she want to try her hand at an animation project in Bollywood?
 
"May be some time in the future if the correct opportunity arises. It will be a homecoming, for my work," said Kaur, who after spending her growing up years in New Delhi and pursuing Bachelor of Architecture (B. Arch) from the Birla Institute of Technology, India, took a foreign detour as she did her M.S. Visualisation Sciences from Texas A&M University, US.
 
While the cinematic world at large continues to paint a picture of India as a place with a mysterious, magical and enchanting quality, Kaur believes people in the west define India as a "strong, modern and forward-thinking nation" which is in touch with its culture and history.
 
"India is a potpourri of diverse cultures. Growing up in so many different cities, each with its unique and diverse traditions, our family always had more festivals and occasions to celebrate.
 
"Bollywood taught me to dream big, and my family and friends taught me the essence of life, and kept me grounded. I am so grateful for everything I have learnt growing up in India."
 
She added that she always "loved to draw as a kid", and her parents encouraged her passion for the arts. Then she landed in Hollywood enthused with her love for films of all kinds.
 
Kaur asserted: "Having a job of making movies was the best thing that could have happened to me and what better place to do this at, than Walt Disney Animation Studios. I was offered a job at this magical place in 2005, and since then this is my second home."
 
She joined the team of "Zootopia", a film which brings the world of animals alive on the silver screen, when it was in early production, and worked as a character simulation technical director on it. Her next tryst with animation is Disney's musical adventure film "Moana".
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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After Bihar liquor ban, alcohol sellers flourish on India-Nepal border
Kathmandu : The complete ban on alcohol in India's Bihar state seems to have come as a boon for small traders in Nepal who sell low-quality alcohol. Reports here say there has been a sudden rise in small huts along the India-Nepal border to target alcohol customers from Bihar.
 
Authorities from India's border districts have sought help and cooperation from their Nepali counterparts to check the possible smuggling of alcohol and increase in surveillance along the border.
 
Bihar imposed a complete ban on sale of alcohol from April 1.
 
At a recent meeting in Forbesganj in Bihar, Indian authorities sought help from their Nepali counterparts to curb the movement of people seeking alcohol from Nepal.
 
Toyam Rai, chief district officer of Sunsari district who led the Nepali team, said that due to the open international border, there was high chance of smuggling of alcohol from Nepal to India, and so the Indian authorities asked Nepal to cooperate in preventing the smuggling.
 
Himanshu Sharma, district magistrate of Araria in Bihar, local police chiefs and others also participated as part of the Indian side in the meeting.
 
Reports said mostly people from the working class come to the Nepali side to buy alcohol. But when there is a holiday, businessmen and youth also cross the border.
 
Local hoteliers say there has been a 2-3 fold rise in sale of alcohol in the past one week, since the ban in Bihar.
 
Nepali traders have now increased the prices of local alcohol, but reports said the quality was quite poor due to the sudden rise in demand.
 
"With the ban on alcohol in Bihar, the Indian authorities have asked us to curb the smuggling of alcohol from Nepal. They are also concerned that after the ban, criminals may sneak into Nepal that will further invite security complications," said Sunsari Superintendent of Police Sandip Bhandari.
 
"With this new unfolding situation, we may face new security threats along the border," said Rai. "We have assured the Indian side about the security arrangements on the border."
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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COMMENTS

Bapoo Malcolm

10 months ago

Dad used to say that no one can curb what one eats, drinks or wears.

My friends had set up a distillery in Gujrat, only to close it down due to heavy competition. A bottle of beer increases by Rs. 10 with every crossing. There were lanes in Ahmedabad that were reserved for each type of liquor; one for whiskey, another for rum and so on. ONE LEANED OUT OF A CAR WINDOW AND EXCHANGED CASH FOR A BOTTLE OR TWO. Nary a word took place.

Only the cops and politicians benefitted.

This place is too small to tell the many such stories. The whole thing is a joke. A cruel one.

Jaitley justifies one percent duty on gold jewellery

Jewellers went on strike opposing one percent excise duty on gold jewellery. The strike enters 40th day on Sunday

 

Justifying the imposition of one percent excise duty on gold jewellery, union Finance Minister Arun Jaitley on Sunday said a luxury item like gold should not be exempted from the manufacturing tax when the country is moving towards Goods and Services Tax.
 
"There is no reason why a luxury item like gold should be kept out of the ambit of a manufacturing tax like excise duty. Since the manufacturing tax is levied on essential commodities like steel, cement, jute, cotton and others, why not on gold.
 
"The country is to move towards Goods and Services Tax (GST). Gold will also follow towards GST. Most states levy value added tax on gold," he said.
 
He also noted that if gold is kept out of GST ambit, tax rate on rest of the goods will have to be increased. "There is no reason why a luxury item should be exempted from the tax and a higher rate of tax be imposed on other goods," he said.
 
The government, in the Budget for 2016-17, had proposed one percent excise duty on jewellery without input credit or 12.5 percent with input tax credit on jewellery excluding silver other than those studded with diamonds and precious stones.
 
Jewellers went on strike opposing one percent excise duty on gold jewellery. The strike enters 40th day on Sunday.
 
The central government subsequently clarified even for one percent excise duty, manufacturers were allowed to take credit of input services, which could be utilised for payment of duty on jewellery.
 
It further said that only jewellers, whose turnover in the preceding financial year was more than Rs12 crore, will be liable to pay the excise duty and those having turnover below Rs12 crore would be eligible for exemption unto Rs 6 crore during next financial year.
 
"Jeweller's private records or records for state value added tax or records for Bureau of Indian Standards (in the case of hallmarked jewellery) will be accepted for all central excise purposes," it clarified.
 
Also, there is no requirement to file a stock declaration to the jurisdictional central excise authorities, it added.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.
 

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COMMENTS

Param

10 months ago

the stubbornness of jewelers clearly shows the confidence they have that public will make govt cede to their demands to open the shops. i hope jaitley sticks to his stand... when i pay tax on essentials, not taxing jewelry does not make any sense!

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