Gaming is big business — bigger than movies, worldwide. Item, this recent business news:
Gameshastra opens 1000-seat facility in Hyderabad
Game outsourcing services provider Gameshastra on Tuesday opened a 1,000-seater game design studio in Hyderabad to cater to the growing demand for its services worldwide including from Sony Computer Entertainment Europe.
The 50,000-sft facility will focus on a full range of game development, game art, animation and quality assurance services for console, PC and online gaming platforms.
“We are currently 220-people strong and expect to reach 1,000 headcount by the end of this year to support new projects,” Prakash Ahuja, chief executive officer of Gameshastra, told mediapersons here.
Stating that Gameshastra had invested $7 million (approximately Rs 33 crore) in its operations over the last three years, Ahuja said the company was developing an Indian mythological game, Ekalavya, for Sony Computer Entertainment’s PlayStation3 (PS3) platform.
“Shastra is a Sanskrit word meaning ‘Science’, which also indicates specialized knowledge. And true to our name, we are specialists in the domain of game services.”