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[STEAM] India’s game industry concludes a structural reset and market realignment in 2025

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India’s gaming industry concluded 2025 after a year of significant regulatory, structural and market change that has reshaped the sector’s business models, investment landscape and long-term growth trajectory.

The year was marked by the introduction of comprehensive regulatory reform, the formal recognition of esports as an official sport and a broad industry shift away from real-money gaming (or gambling, to some) toward esports, social gaming and original intellectual property. As the sector enters 2026, it does so leaner, more institutional and increasingly aligned with global gaming markets, according to the Game Developer Association of India (GDAI).

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