DQE to set up shop in Kolkata

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The London AIM-listed, Hyderabad-based animation major DQ Entertainment is setting up a two-shift, 160-seater production facility here by April to create content for films, TV, video and mobile games.

"We have joined hands with the IT department of West Bengal through Webel and have taken up large premises at STPI to start high-end animation and gaming productions," said Tapaas Chakravarti, chairman and CEO, DQE.

At a joint press conference here on Friday, Chakravarti said the company wants to set up an animation SEZ in Kolkata in three years to do highend feature quality, 3D and animation productions.

"We want to grow to about a 1,000 people in two years and Kolkata is going to be the second largest hub of DQE outside Hyderabad ," he added. The company is already looking for large properties in New Town. "We knew all along that we would get quality talent in the eastern region which can be honed into a world quality workforce."

To that end, DQE is also going to run Webel's Animation Academy together with the electronics industry development corporation. The academy has 305 students and many from the earlier batches have been recruited by DQE, whose clients range from Disney, BBC, Nickelodeon, Discovery Kids to Mattel Toys, Electronic Arts and Method Films.