Krafton, the South Korean gaming giant behind the popular battle royale game Battlegrounds Mobile India (BGMI), has announced plans to introduce new games specifically for Indian gamers. This marks a significant expansion for Krafton into the Indian market, which is one of the fastest-growing gaming markets in the world.
Krafton’s CEO, Sean Sohn, made the announcement during a recent interview . He said that the company is “going to introduce new games in new sort of undiscovered areas for Indian gamers.” Sohn did not provide any specific details about the new games, but he did say that they would be “high-quality, immersive games that will appeal to Indian gamers.”
Krafton’s decision to focus on the Indian market is a reflection of the country’s growing gaming industry. According to a recent report by KPMG, the Indian gaming industry is expected to reach a value of $1.1 billion by 2025. This growth is being driven by a number of factors, including the increasing availability of smartphones and affordable data plans, as well as the rise of e-sports.
Krafton is not the only gaming company that is investing in the Indian market. Other major players such as Activision Blizzard, Electronic Arts, and Tencent have also made significant investments in the country. This competition is likely to benefit Indian gamers, as it will lead to more choice and better quality games.
In addition to introducing new games, Krafton is also planning to invest in the Indian gaming ecosystem. The company has announced plans to launch a $150,000 gaming incubator program to support Indian game developers. The program will provide startups with funding, mentorship, and access to Krafton’s resources.
Krafton’s investment in the Indian gaming ecosystem is a positive sign for the future of the industry. The company’s commitment to the Indian market is likely to help the industry continue to grow and develop in the years to come.
Here are some of the reasons why Krafton is expanding into the Indian market:
- The Indian gaming market is one of the fastest-growing in the world.
- India has a large and young population that is interested in gaming.
- The Indian government is supportive of the gaming industry.
Krafton’s plans for the Indian market are ambitious, but the company has a proven track record of success. The company’s popular battle royale game BGMI has been downloaded over 100 million times in India. With its strong track record and commitment to the Indian market, Krafton is well-positioned to become a leader in the Indian gaming industry.
Here are some of the benefits of Krafton’s expansion into the Indian market:
- Indian gamers will have access to more high-quality games.
- The Indian gaming ecosystem will receive a boost.
- The Indian economy will benefit from the growth of the gaming industry.
Overall, Krafton’s expansion into the Indian market is a positive development for the Indian gaming industry. The company’s investment in the Indian market is likely to help the industry continue to grow and develop in the years to come.