Is recession affecting Indian gaming business?

Now days, recession is like a jargon, which has infringed into almost every industry spread all across the globe. As far as the gaming industry is involved, from a global frame of reference, different individuals have different views. According to positive thinkers, video games are low cost full entertainment thrust whereas negative peoples believe in this fact that no industry is insusceptible with the effects of recession and video games are the things that are purchased in very small quantities.

2008 year is a stellar year in the Indian gaming industry. Since last year, gaming spread ness has gone up in a major way. Microsoft and Sony have done a good work in promoting gaming consoles with TV ads, offers and price cuts. As per Atindriya Bose of Sony computer entertainment Europe limited, Indian gaming industry is in a flowering stage, thus not the best candidature for reviewing the effect of recession on it. Still, there is healthy growth number in sales of games and consoles in the Indian market.

Ex GM, Ajay Khanna, Electronics art limited, commenced that globally the more interactive gaming industry in India is comparatively less affected as compared to its traditional analogues. In accordance of COO of Zapak, Rohit Sharma, The Indian gaming industry is recession free and people might lower down their expenses in movie fares and other entertainment activities, but not movies. In a nutshell, lot of tremendous growth is there in this developing gaming industry and recession and other economic factors do not tend to affect them.