Radical Entertainment, North America's largest privately-owned independent developers of interactive entertainment, has decided to make foray into the Indian market.
"India is a booming market for video games and interactive entertainment. The increase in the mobile handset market and the presence of highly qualified and competent people in the country are the main objectives behind entering the Indian market, said Jay Balakrishnan, Executive Producer, Radical Entertainment, in the Capital on Friday.
He said that the Indian mobile gaming market is expected to grow at $336 million by the end of 2009. Globally, the industry is predicted to grow to the size of $32 billion by the end of 2009.
Radical Entertainment has also signed an MoU with Intent, a joint venture of Shekhar Kapur and Dr Deepak Chopra. Their common goal is to create a gaming powerhouse. Intent is an Asia-centric entertainment conglomerate.