The year 2015 could turn out to be a cusp year for the Indian animation an VFX industry.The year saw the release of probably one of the biggest hits of the Indian film industry, 'Baahubali - The Beginning', not only a movie which is considered to have cost INR3000 million but importantly, a movie where INR850 million were spent on VFX only. Today, India has nearly 300 animation, 40 VFX and 85 game development studios with more than 15,000 proefessionals for them. These studios have experienced a mix of content production, outsourced animation services and collaborative animation services. Over the last decade, the Indian animation industry has moved up the value chain from a traditional outsourcing modelto creating its own intellectual outsourcing model to creating its own intellectual property and co-productions.