India The Fastest Growing IT & Gaming Market: Krafton CEO | EXCLUSIVE

Why It Matters

Krafton’s aggressive investment and diversification signal that India will become a major revenue engine for global gaming firms, prompting investors and regulators to prioritize ecosystem support.

Key Takeaways

• Krafton invested $250M and announced ₹6,000 cr fund for India.
• BGMI has 62.6 million downloads, placing India in top‑5 markets.
• CEO projects India to become top‑three revenue source within five years.
• Krafton diversifies into gaming‑adjacent sectors, e.g., Kuku FM and cricket games.
• Company seeks supportive regulation and ecosystem growth for Indian gaming.

Summary

Krafton’s chief executive CH Kim told CNBC TV18 that India is the fastest‑growing IT and gaming market, and the South Korean studio is deepening its footprint with a $250 million investment and a newly announced ₹6,000 crore fund.

The CEO highlighted that Battlegrounds Mobile India (BGMI) has been downloaded 62.6 million times, putting India among Krafton’s top‑five revenue markets. He expects the Indian user base to mature, projecting the country will rank in the top three of global revenue contributors within five years as players increasingly spend on in‑game purchases.

Krafton is also branching beyond pure gaming, citing recent stakes in audio‑streaming platform Kuku FM and the acquisition of the cricket title Real Cricket as proof of a broader “gaming‑adjacent” strategy. Kim stressed the need for clear, flexible regulations—citing Korea’s supportive policy history—to nurture local development and comply with India’s evolving legal framework.

For investors and policymakers, Krafton’s long‑term commitment signals a surge of capital and expertise that could accelerate India’s gaming ecosystem, drive ancillary tech growth, and reshape competitive dynamics with global studios eyeing the market’s expanding paying power.

Original Description

"We want to grow an ecosystem here in India together," says Krafton CEO Changhan “CH” Kim, as he outlines the company's long-term commitment to the Indian market.

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