Animation Industry to grow at 17.3% CAGR in FY 2019 to reach Rs. 86.7 Billion. According to a recent report, the Indian animation and VFX industry is growing in excess of 20%. 3D Animation is one among the greatest buzz words in the entertainment world. Since its emergence to the now seen stage, 3D animation has grown swiftly and steeply. Indian animation companies have especially benefited from the global giants of animation like Walt Disney, Sony and Warner Brothers, since they are outsourcing animation characters and special effects to Indian firms. With the increasing demands in outsourcing, various animation companies have emerged across India. Animation companies are forming animation hubs in major cities like Mumbai, Bangalore, Chennai, Trivandrum and Hyderabad.