India is seen by the rest of the world as a land of natural creative talents. India has emerged as one of the largest hub for outsourcing animation and film works offering a scintillating future for animators. A recent NASSCOM and Ernst & Young report has stated that India's animation industry is expected to hit $1 billion by 2012 aided by increased outsourcing and a growing domestic market. The Indian animation market, estimated at $494 million in 2008, is seen growing at a compounded annual growth rate of 22 percent till 2012. The gaming industry was estimated at $167 million in 2008 and is seen growing at a compounded rate of 49 percent yearly to hit $830 million by 2012. The wide application of Animation in diverse industries like Film, Television, Gaming, Architecture, Advertising, Marketing, Bio Medical, Engineering, and Military & Flight Simulation has lead to a tremendous global growth of this market & has offered a unique opportunity, with consistent & long lasting demand for work to the Indians.