Los Angeles-based provider of visual effects and immersive experiences, Digital Domain, launched a 42,000 sq. ft. facility, in Hyderabad, India, its tenth global location. Digital Domain India is located in Hyderabad’s IT/ITES Special Economic Zone campus, where it joins Apple, Microsoft, Facebook and Google already have offices.
“India is, and will continue to be, an integral part of Digital Domain’s global expansion plans, as we foresee the region to be a leading consumer of premium content,” said Amit Chopra, COO, Digital Domain, reports Prnewswire. “The escalating demand for premium film and digital experiences in India combined with a highly skilled local talent pool and Digital Domain’s prowess in the visual effects and the interactive content space will prove unstoppable.”
India is the world’s largest producer of movies, an industry that Germany-based online research firm Statista has forecast to be worth $3.2 billion by 2021.
“The world class infrastructure and start-up ecosystem in Hyderabad make it an extremely desirable location for innovative companies like Digital Domain,” said Daniel Seah, Global CEO, Digital Domain. “Combined with the recent projections for smartphone growth and mobile bandwidth expansion in the region, the people of India are primed to demand and expect premium content, and we are ready to deliver on that need.”