Speaking at the closing ceremony of Indywood Carnival here, the Minister said media and entertainment is considered one of the promising sectors under 'Make in India' programme and one of the focus areas for 'Skill India' programme.
"One such initiative is the Film Facilitation Office, which has recently been set up to promote and facilitate film shootings by international film makers in India. The FFO would act as a facilitation point for the film producers in helping them in getting requisite permissions," Naidu said.
According to him, new film and entertainment-oriented venture funds with average size of Rs 200 crore has come up in the recent years.
Quoting reports, he said the Indian film industry as worth Rs 12,600 crore in 2014, and expected to touch Rs 20,400 crore in 2019 (FICCI-KPMG Report).
More From This Section
"On the other hand, it has a duty to felicitate good films and film workers. It has duty to give space to good films as part of visual education to audience," he added.
He said his ministry has proposals to set up National Centre of Excellence for Animation, Gaming and Visual Effects (NCOE) with an objective of building a national centre of excellence to impart world class education at affordable fee structure in animation, gaming, visual effects and comics and create a world class talent pool in India to cater to the Indian and global players.