New Delhi, Aug 5 (IANS): With the gaming industry in India promising a tremendous potential, an apex body called the All India Gaming Federation (AIGF) has been launched to address the needs of the market which is poised to become one of the world's largest.

Headquartered in Mumbai, the non-profit AIGF will focus on policy advocacy, research and forum for discussion among various stakeholders associated with the gaming industry. 

According to Roland Landers, AIGF's CEO, the body's objectives are to find solutions for issues faced by the industry, allowance of foreigh direct investment (FDI) and technology collaboration, promoting responsible gaming and ensuring player protection.

He said the company would work towards opening up the gaming industry which will eventually contribute to the economy of the country. 

"The gaming industry has tremendous potential for bringing revenues for the ex-chequer provided it is regulated fairly and taxed at a reasonable rate," Landers said in a statement.

Various stakeholders like game operators, players, technology companies, gaming designers, payment gateway vendors and gaming bloggers, etc.

A panel discussion was also organised during the Thursday launch which was attended by Kirti Azad, MP, and Ranjit Sinha, former CBI Director. 

Rosalind Wade, Managing Director, Asia Gaming Brief, Hong Kong, participated via video conferencing.