United Nations, Jan. 15 -- India is expected to become the global hub for videogame development with its world-class game developers, according to the UN agency dealing with trade.

Another area of promise is the visual effects (VFX) and animation industry, which grew 16.4 per cent in 2016 to reach a size of $8.2 billion, the UN Conference on Trade and Development (UNCTAD) said on Monday in its Creative Economy Outlook report.

The report covered creative services and creative goods in its overview of the creative economy, which it said was a powerful, growing force.

"Although the downturn in global trade has impacted all industries, the report shows the creative economy is more resilient than most," according to Marisa Henderson, the chie...