By DPA
Bangkok : Spiralling production costs in India have forced Japan's billion-dollar animation industry to look elsewhere for outsourcing cartoons, including Thailand, Thai media reports said Monday.
Shuzo Shiota, chief executive officer of Polygo Pictures, Japan's largest computer-animation studio, was in Bangkok last week to inform Thai entrepreneurs of the outsourcing opportunities awaiting them in Japan's 3D cartoon industry which reported revenues of 1.4 billion yen (around $2 billion) in 2005, said The Nation newspaper.
Shiota said that "a huge number of Japanese animators" were now outsourcing work to India, but rising costs were forcing the industry to look elsewhere.
"With the higher production costs there, between 25 to 30 percent more expensive every year, Japan is looking for other p