'Casual gamers revolutionising Indian online gaming industry' – ETTelecom

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“The number of serious gamers has increased by 40 per cent in India. That is the trend we see will continue. Another trend that we have seen is that paid gaming has increased which shows a willingness among people to pay for games. We need powerful chipsets to enhance the gaming experience. We have been focussing on catering requirements of gamers,” Jain said at the India Gaming Conclave.
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“My biggest priority is that India must reduce its imports. India imports 94% of electronics. The basic raw material for this is semiconductor and display glass. Both we import, spending about $16 billion. We (Vedanta) are in the glass business, we make optical fibre. We also make display glass in Japan, Korea, Taiwan, we are the fourth largest in the world. So, it was natural that everybody wanted to be our partner in semiconductor manufacturing. We chose Foxconn because it’s a $200 billion company, a very entrepreneurial company.”
The deal, the single biggest investment of its kind in Maharashtra — coveted by Gujarat, Tamil Nadu, Karnataka, Telangana and Himachal Pradesh — was signed in the presence of Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis.
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