India's Online Gaming Market Surges by 23% in FY24 Amidst GST Hike

Last updated: 13 November 2024

India's gaming market surged by 23% year-on-year, reaching $3.8 billion in revenue in FY 2023-24, even as the sector faces a 28% GST on online gaming, recent reports reveal. Driven by robust in-app purchases and steady ad revenues, India's gaming industry is on track to surpass $9.2 billion by FY29,

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